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Last year, families with children under 18 earned a median income of $65,952, and full-time center-based child care for one infant cost an average of $13,521.
In 2020, the average cost of child care was over $10,000 a year, according to a report by Child Care Aware, a national network of more than 400 child care agencies.
Even in just a year, childcare costs have increased on average. Care.com's 2024 Cost of Care Report shows that average day care costs have surged for an infant — from $284 a week in 2022 to $321 ...
Infant care in a home day care costs $230 a week, or $11,960 a year. Meanwhile, the price of a full-time nanny stood at an average of $766 per week, tallying up to $39,832 annually.
According to the caregiver-finding platform UrbanSitter, the national average babysitting cost in 2022 was $22.68 an hour for one child, $25.37 an hour for two, and $27.70 an hour for three children. This rate has increased by 21 percent since 2019.
The cost of family child care could be significantly lower on average than that of a center. Child care facilities in the US have the option of becoming accredited. An outside organization is in charge of setting and enforcing this standard. In centers, National Association for the Education of Young Children institutes it. [58]
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