Report: Some Massachusetts Families Spending Nearly Half Their Income On Child Care – WBZ Ch. 4 – CBS Boston
A new report finds families in the U.S. are spending a quarter of their household income on child care, and the costs are even higher here in Massachusetts.
The County Health Rankings & Roadmaps report finds that families in Massachusetts spend between 27% and 46% of their household income on childcare. The report calculates the child care cost burden as the amount families with two children pay as a percentage of household median income.
The cost depends on where families are in the state. In suburban areas the burden is about 35%, but in large metro areas it’s 46%.