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Infant care more expensive than college

Posted: 11:52 AM, Apr 13, 2016
Updated: 2016-04-13 12:53:17-04

As much as we fret about the rising cost of higher education in the United States, one thing remains even more prohibitively expensive in many states: parenthood.

In Kansas and Missouri, it’s cheaper to send your child to a four-year public college than to pay for infant care and day care before they even go to public schools.

According to the Economic Policy Institute , infant care is more expensive than college in 33 states, including Kansas and Missouri. The report said the government defines child care that costs less than 10% of a family’s yearly income as “affordable.” In both Kansas and Missouri, the cost over goes over that threshold.

Here’s how it breaks down:

Kansas

The average cost of infant care in Kansas is $11,201 a year, or $933 per month. For a typical family, that takes up 17.8% of that family’s income.

The average cost of child care for a 4-year-old costs $7,951, or $663 each month.

The average cost for a 4-year college in Kansas is $7,387.

Infant care in Kansas costs $3,814 (51.6%) more per year than in-state tuition for a 4-year public college.

Missouri

The average cost of infant care in Missouri is $8,632, or $719 per month. For a typical family, that takes up 14.9% of that family’s income.

The average cost of child care for a 4-year-old costs $9,308, or $776 each month.

The average cost for a 4-year college in Missouri is $7,998.

Infant care in Missouri costs $634 (7.9%) more per year than in-state tuition for a 4-year public college.

For more on this study, and to compare the costs you pay to what other parents pay across the nation, view the report online.

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