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News@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’

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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 to

News@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' | Fortune

“Most parents could tell you that childcare costs are astronomical these days and can cause a major financial burden, even for high-income families.”

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My wife and I make 120k a year and we can barely afford rent a car payment and daycare.

All we do is basically work. We have no life.

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