2d ago
Mapped: Daycare Costs by State
Key Takeaways:
đź“Š National average daycare cost: $1,039/month or $12,472/year
đź’¸ Most expensive states:
- Washington D.C. – $1,912/month
- Massachusetts – $1,727/month
- Minnesota – $1,500/month
đź’° Least expensive states:
- Mississippi – $568/month
- South Dakota – $624/month
- Alabama – $637/month
Methodology
FinanceBuzz analyzed annual child care costs in each U.S. state using data from Child Care Aware® of America and the U.S. Department of Labor’s National Database of Childcare Prices. These sources provided annual reports and cost data, which were averaged to calculate a general “child care cost” for each state.
To determine the national inflation rate, FinanceBuzz used the U.S. Bureau of Labor Statistics’ CPI Inflation Calculator.
