Quick
Facts to Clip and Quote:
Cost
of Child Care as Percentage of Income
A
recent study about child care expenses by the Urban Institute reported
that 48% of employed families with children under age 13 pay for
child care, with an average cost per month of $303.
The
average cost of child care amounts to a significantly larger percentage
of low-income families' parental earnings, however:
- Low-income
families pay an average of 14% of earnings for child care
- Higher-income
families pay an average of 7% of earnings for child care
Source:
Getting Help with Child Care Expenses, L. Giannarelli, S. Adelman,
and S. Schmidt, The Urban Institute, 2003.
For
more information:
look online at www.urban.org
Facts in Action, March/April 2003
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