A two-child household must earn $400,000 a year for childcare to be affordable, study says. ‘It’s easy to see why birth rates are falling’
The average American family doesn’t come close to having enough income to comfortably afford childcare, according to a LendingTree study last month. Federal guidelines say that childcare is affordable if it consumes no more than 7% of household income. Citing data from Child...
🔗 Read more: https://fortune.com/2026/02/22/two-child-household-income-400000-childcare-affordability-crisis-cost-of-living/
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fortune.com
A two-child household must earn $400,000 a year for childcare to be affordable, study says. ‘It’s easy to see why birth rates are falling’
The average American family doesn’t come close to having enough income to comfortably afford childcare, according to a LendingTree study last month. Federal guidelines say that childcare is affordable if it consumes no more than 7% of household income. Citing data from Child Care Aware of America,...
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