As a parent, it can be challenging to juggle the many responsibilities of parenthood while also managing your own busy …
The cost of childcare in California continues to rise. You may be wondering, how much will childcare most likely cost in 2023? The answer depends on a variety of factors, including where you live and the type of childcare you choose (center-based or in-home).
How much is childcare in California?
The average annual cost of childcare in California is currently $1,400 per month, for a total of $16,945 a year.
(This figure varies widely based on factors such as location, the age of your child, and whether you pay for full-time care or half-time care.)
How much is childcare in Los Angeles, San Diego, and Sacramento?
The average cost of childcare in Los Angeles, San Diego, and Sacramento typically meets or exceeds $16,945 a year. The cost of childcare can be even higher in some cities like New York City ($22,600), Washington, DC ($21,000), and San Francisco ($21,500). In these cities, parents can spend more than their mortgage payments on childcare. And while the cost of daycare varies by state and city, there are still many parents who struggle to afford quality child care without sacrificing their careers or taking on debt.
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Why is childcare important?
Childcare is important because it helps to prepare children for school while supporting the family and helping to develop important social skills. At any stage of life, children need someone to watch over them and nurture their development.
What part do employers play when it comes to employee childcare benefits?
Empowering workers with employee childcare benefits one way to help support the growing workforce of parents who are balancing work and family. Employers can help their employees through paid leave, flexible working arrangements, and childcare benefits designed to give them flexibility.
(The figures for this post came from the following source: worldpopulationreview.com.)