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Kiplinger
Kiplinger
Business
Gabriella Cruz-Martínez

HISTORICAL FACTS: Can tariffs make childcare affordable - Caught on Camera

Image of children coloring with chalk.

What if I told you that childcare costs are now higher than a year's tuition for your state college? That’s the reality for millions of struggling parents across the country.

As of November, the average cost of infant childcare in New York is $22.73 per hour, that’s $909 for a 40-hour week, and a monthly cost of $2,955, according to Care.com. Annually, that’s $10,000 more than what you’d pay for your child to attend the state’s college including tuition, student fees, housing, and food.

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