Will we ever solve the problem of the childcare crisis, or will parents have to continue leaving their jobs?
The U.S. Department of Health and Human Services considers 7% of a family’s income to be spent on childcare to be deemed as affordable. That means that the average annual cost of childcare for one child ($9,400) is not affordable unless a family is bringing home an income of $130,000
In Ohio, the average monthly cost of childcare is $800 for infants, $750 for toddlers, and $700 for pre-kindergarten children. If you think pre-school may be a more affordable option, you would be somewhat wrong. The average cost of pre-school in Ohio is $700 per month.
Some states have incorporated government programs to make this easier on parents, but Ohio is experiencing this problem the worst.
Parents ranked affordability as the top concern when looking for childcare. Cost was particularly a concern for women and parents who worked hourly jobs and had to find care for their children.
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