American families spend between 8.9 precent and 16 percent of their income on full-day care for just one child.
Infant care was found to be more expensive than rent in 11 major metropolitan areas. Photo by Tracy Watson
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Millions of Americans pay more for child care than rent every month, according to a new analysis by online lending marketplace LendingTree.
Researchers found that child care costs exceeded the cost of a two-bedroom home or apartment for families with two children in 85 of the 100 largest metropolitan areas examined.
Jacki Thrapp is an Emmy® Award-winning journalist based in Nashville. She previously worked at The New York Post, Fox News Channel and has written a series of Off-Broadway musicals in NYC. Contact her at [email protected]
