I have been trying to research childcare options for next winter. It's a really scary thing for me. I hate researching things like this, plus I think its hard to know what is the right option for our family. Each option has positives and negatives that come along with it. However, in my beginning search, I did come up with some interesting facts.
1) Did you know that Minneapolis, MN is rated the most expensive city for child care in the nation?
2) The average costs for infant care is $1,000 a month. My friend worked at a daycare center and for age 0-2, they charged $1,200 a month. Average rates for in home care are $630 per month, per child. This is past age 2.
3) The average family in Minneapolis spends 15% of their monthly income on daycare.
I guess this means a few things. This means that we will really have to count the cost of me working with putting the kids in daycare. We may have to leave the "city" and move to the suburbs. Maybe we can get friends or family to help a day or two a week. I don't know. All I know is this is stressing me out!
If you use daycare, what percentage of your income do you spend on it? How did you find it? How did you know they were going to take care of your child the way you were comfortable with?