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’

return2ozma@lemmy.world · 1 day ago

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’

Dozzi92@lemmy.world · 18 hours ago

So it says you need to make 400k for childcare to be doable. It presumably takes into account the cost of childcare, in addition to other factors.

That being said, I knew folks who quit working to avoid paying for childcare, but it was mainly because spending 30k on childcare when your takehome pay is 35k seemed pointless. I’m not sure I agree with that, though I understand the thought process.

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’

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’

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' | Fortune