How to use this calculator
Add each child with their age, as infant care costs more than toddler or preschool care. Select your preferred care type and schedule to see weekly, monthly, and annual cost estimates.
Enter your household income to see what percentage goes to childcare. The calculator also estimates your potential Child and Dependent Care Tax Credit based on IRS guidelines.
Frequently asked questions
How much does daycare cost per month?
National averages range from $1,100 to $1,500 monthly for toddlers at a daycare center. Infant care runs $1,300 to $1,800. In home daycares are typically 15% to 25% less expensive.
Is a nanny cheaper than daycare for multiple kids?
For two or more children, a nanny often costs the same or less per child than individual daycare enrollments. The break even point is typically at 2 children.
What tax breaks are available for childcare?
The Child and Dependent Care Credit (20% to 35% of up to $6,000) and Dependent Care FSA ($5,000 pre tax) both help offset costs. You can use both but cannot double dip on the same expenses.
What percentage of income is normal for childcare?
The government recommends 7% but the average American family spends 10% to 15% of household income on childcare for one child. Two children can push this to 20% to 25%.
Why does infant care cost more?
State licensing requires lower staff to child ratios for infants (often 1:3 or 1:4) compared to toddlers (1:6) and preschoolers (1:10). More staff per child means higher operating costs.