$Cost of Parenting

Expense guide

Cost of Childcare

Childcare is the main reason the first five years can feel financially sharper than later childhood. It is also the expense most likely to change a family's work decisions.

Common options

  • Full-time daycare center
  • In-home daycare
  • Part-time preschool
  • Nanny or nanny share
  • Family care plus backup care
  • After-school and summer care

Hidden costs

Registration fees, supplies, late pickup fees, closure days, sick days, transportation, meals, and summer coverage can all change the true monthly number.