Child care is one of the top expenses for new parents, but varies considerably by location, age of the child, and child care type. Younger children require more attention and therefore cost more.

Child Care Aware of America’s latest report on child care costs found the national average price is between $9,100–$9,600 a year for one child. That number does not reflect what most people pay but is an average across all states.

It’s essential to look at child care costs based on age and type, particularly for children aged birth–4 years. In a child care center, the median price for an infant is $11,896 compared to $9,254 for a 4-year-old. The cost is lower for in-home child care, meaning licensed child care in a private home rather than a center….

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