In 2018, the Center for American Progress developed an interactive cost estimation tool to illustrate the economics of child care, estimate the true cost of child care in each state, and better understand why high-quality child care is out of reach for many families. CAP is now releasing a refreshed version of this interactive, incorporating up-to-date data, adding several U.S. territories, and including the ability to estimate the cost of care in a family child care home setting. The updated interactive allows users to calculate the monthly cost of licensed child care at different ages and in different settings for each state or territory. In addition, as with the original tool, users can modify seven elements of the child care program—such as compensation levels and adult-child ratios—to better understand the impact of these variables on the cost of care. (author abstract)
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Resource Type:
Reports & Papers
Publisher(s):
Country:
United States;
Guam;
Puerto Rico;
U.S. Virgin Islands