Reported about 1 year ago
American families are finding that the cost of childcare each month is higher than their mortgage or rent, becoming a significant expense. Across cities like New York and smaller areas, childcare fees continue to exceed housing costs, putting a strain on finances. This situation has led to some women leaving their jobs to stay at home with children due to the high childcare expenses. Recent studies show that the average childcare cost for two children surpasses the average rent in 50 states and the average mortgage in 45 states, making it a substantial financial burden for families across the US.
Source: YAHOO