Child care costs more than a mortgage payment or rent almost everywhere in the U.S.: 'There is no escaping it'

[bandababu]

"We were spending easily 55% of our pretax household income on our mortgage and child care"

Housing costs may have gotten out of control, but there's another expense that now poses an even greater burden to many American families: child care.

Jessica Norwood, a working mother of two in North Carolina and host of the financial-literacy show "The Sugar Daddy Podcast," said daycare costs when her two children were ages 3 and 4 added up to nearly $3,000 per month - almost twice her monthly mortgage payment of $1,580.

"We were spending easily 55% of our pretax household income on our mortgage and child care," said Norwood, who grew up in Germany. Her family looked into getting a nanny or an au pair, but found disadvantages to both.

[Tellugodu]

Maybe desis ki antha avakapovachu because of free parents import to take care of kids.

[anna_gari_maata]

This is there since decades 

[LadiesTailor]

27 minutes ago, Tellugodu said:

Maybe desis ki antha avakapovachu because of free parents import to take care of kids.

No anna.. mana desis first one or two years intlo valla help teesukuntaru after that it’s all day care anna 

[Dhed]

We pay 3500 for nanny 

[Bendapudi_english]

1800 endhira nayana daycare ki 

[*Prince Charming]

1 kid ki 1300$ avtundi 

[shaktimaan]

2 hours ago, Bendapudi_english said:

1800 endhira nayana daycare ki 

ye ooru anna

1800 is the norm for a two or year old in any big city. Infants ki 2k or more 

[Pavanonline]

Tax credits hein na

[beerboy17]

20 hours ago, Pavanonline said:

Tax credits hein na

explain ?