Child care or rent? In these cities, child care is now the greater expense [USA TODAY]
IAC Inc. (IAC)
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Source: USA TODAY
LendingTree, the personal finance site, compared the monthly cost of infant care to average rents for a two-bedroom home in big cities. In quite a few cities, the analysis found, child care is the greater expense. In Syracuse, New York, child care costs $1,417, on average, LendingTree found. Monthly rent for a two-bedroom unit costs $1,126. In Spokane, Washington, child care averages $1,588 a month. Rent averages $1,304. In Minneapolis, Minnesota, child care costs $1,767, on average. Rent costs $1,622. The , published on September 16, draws on child care figures from the nonprofit Child Care Aware of America and compares them to federal rent data. It's the latest in a string of surveys and studies to sound alarms on the rising costs of child care. Child care costs have risen 220% since 1990 Child care costs since 1990, significantly outpacing inflation, according to the Annie E. Casey Foundation. The average household that pays for child care , or 18.6% of its weekl
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IAC
Earnings
- 11/11/24 - Miss
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- 11/12/24 - Form 8-K
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