Though there are a lot of perks to living in Colorado, the cost of living isn’t necessarily one of them. A new report put out by the U.S. Congress Joint Economic Committee states that Colorado ranks third in highest average infant care costs ($14,950 per year) and then ranks seventh in highest average childcare costs for a 4-year-old ($11,089 per year).
With costs as high as these, how do people with young children make it financially? Infant care accounts for 19.5 percent of a median family income, while that percentage becomes 49.8 percent of a single mother’s median income.
Only the District of Columbia and Massachusetts rank higher in annual infant care costs, at $22,658 and $17,082, respectively. Mississippi averaged the cheapest infant care, at $5,045 per year, making up 11.2 percent of a median family income.
Read the full U.S. Congress Joint Economic Committee report for more details and statistics on every state!
Millennials Are Struggling with Cost of Living, Too!
As a local childcare consultant for Cultural Care Au Pair, Jennifer Morrow supports au pairs as well as host families ensuring that the entire family has a positive experience. The program, regulated by the U.S. Department of State, allows qualified young people with proven experience to live in the United States for one year with the possibility to extend for an additional one year to experience American culture first hand.
Life with an au pair provides families many benefits. An extra set of hands to run the kids to their activities, loving care, homework help, school packed lunches, a role model and big sister, less stress, and a solely dedicated provided to the family that works according to your schedule needs. The cost is about $365 per week, per family, not per child.
Register at www.culturalcare.com/jmorrow
Not ready to host yet? Keep in touch and follow Jennifer’s Facebook page at Facebook.com/JenniferMorrowLCC