10 states where child care is devouring millennials' paychecks

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Here's another worry for millennials to lose sleep over: The cost of child care. In 30 states and Washington, D.C., young families are shelling out the equivalent of in-state college tuition so that someone can watch their infant during the day.

Massachusetts is home to the highest annual average cost of care for an infant: $20,880 — or 41.8% of average household income for a millennial, according to Child Care Aware of America.

Forget rent. Cash-strapped millennials who are starting families have a new cost on the horizon: child care. There the annual spend on center-based care for an infant has hit $20,880 — equal to nearly 42% of the average millennial's income in the Bay State, Child Care Aware found.pay $16,389 in tuition and fees for the 2019-2020 school year if they are in-state students.

 

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And they all have one thing in common

In India we have employers providing infant/child care facilitiy in the recent days MimosChildCare as it has become regulatory requirement. SaundaryaR

Seems to be a trend here? Its like they are run by a certain party?

If ya can't (afford to) raise 'em, don't have 'em!

This is Terrible and Uncalled for

One of the reasons why we don't have kids. It's just unreasonably expensive and we can't cut corners.

We pay $1,200 a month for daycare(one toddler). It's insane.

AmericaFirst

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