Child care cost as much as rent for many families at inflation’s peak, new data shows
Inflation’s relentless bite is taking a staggering toll on families, with child care expenses skyrocketing to alarming levels. According to recent data, the suffocating cost of child care has now reached parity with rent for many households.
This crushing financial burden is forcing parents to make agonizing choices, weighing their children’s well-being against their own economic stability. As inflation continues its relentless march, the crisis in child care affordability deepens, casting a shadow over the lives of countless families.