CBS Philly reports on a new study suggesting day care costs rival college in the tally of lifetime child-rearing expenses. The station talks to Shawn Towey, Childcare Policy Coordinator for Public Citizens for Children and Youth:
“The median cost of care in a center in the five county area ranges from about 11,000 in Philadelphia to 13,000 in Montgomery County,” she said. “It’s a bit more in Chester County and that’s for an infant.
“We looked at a familiy of four with say two children who were young — one infant and a preschooler — the average cost of care could range from 24-percent of a family’s income to 60-percent.”
This is why parents are always stressed.