In most of the country, child care is the most expensive part of the family budget. Infant care now costs more than state college tuition in many places. But while it might demand a luxury price, offering important advantages to kids, it’s an imperative for working parents. Economics correspondent Paul Solman reports on how the strain of paying for care cuts across class and income lines.
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The average cost for child daycare can range from 0 to ,000 per month, depending on the hours of operation, the quality of the program and what amenities are offered. Calculate the cost of daycare, which can include sibling discounts, with advice from a daycare owner and operator in this free video on childcare.
Expert: Veronica Baragas
Bio: Veronica Baragas was born and raised in Austin, Texas and has been working with children and families for 10 years.
Filmmaker: Todd Green