Report: Child Care More Expensive Than College Tuition - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Report: Child Care More Expensive Than College Tuition

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The cost of child care is so high in some parts of the country it's now more expensive than tuition at state colleges. That's according to a report from Child Care Aware of America.

The nonprofit group says center-based child care costs rose an average of 3% nationwide.

Massachusetts had the highest cost for full time infant care last year -- as much as $16,500 a year. Other least affordable states include Oregon, New York, Minnesota, Hawaii, Washington, Kansas, Illinois, California and Colorado.

More than 13% of income is spent on child care in Nevada. With the average family income at just under $50,000 that comes out to more than $6,400 spent on child care every year. To put that in perspective, that's about the same as in-state college tuition at the University of Nevada which averages about $6,600 a year.

The report blames price disparities on state regulations, housing, food, utilities and labor costs.

 

According to the report, in nearly two-thirds of the country, average child care costs were greater than yearly tuition and fees at a four-year public college.

The average cost to raise a child over 18 years is $241,080.

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