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Kiplinger
Kiplinger
Business
Erin Bendig

MYSTERIOUS: How much is spent on child care - You Need To See This

A cartoon image illustrating budgeting for child care costs.

The cost of child care has become an increasingly large issue for American families since the start of the pandemic. Prices have risen, putting families in a crunch and making it hard to estimate what a typical budget should look like. 

"When it comes to child care, there is no universal standard for what to spend because costs vary greatly depending on the market you are in and your family size," Jesse Mecham, founder of budgeting app YNAB, told Kiplinger. 

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