According to 2024 data, what was the average annual cost of center-based childcare for infants and toddlers in NYC?

Question

Accepted Answer

Correct—$26,000 per year for center-based care, up 43% since 2019. That's over $2,100/month, and in Manhattan it hits $2,400–$2,800. Here's the affordability crisis in real terms: a family would need to earn $334,000 annually to afford the cost of care for a two-year-old in NYC—four times the median family income or the equivalent of 10 minimum-wage jobs. Family-based care costs slightly less at $18,200/year (up 79% since 2019), but that's still $1,517/month. Even with subsidies, only 29% of income-eligible infants and toddlers (about 31,600 out of 108,000) actually receive subsidized care as of September 2024. The rest face impossible choices: pay market rates and go broke, piece together informal care, or leave the workforce. Universal Pre-K solved this for 4-year-olds at no cost to families. Mamdani's 2-Care program extends that same principle to 2-year-olds, eliminating the income test and making care a public good funded through progressive taxation.

According to 2024 data, what was the average annual cost of center-based childcare for infants and toddlers in NYC?

Explanation

Sources

Related Questions

PRINCIPLE

EXPLORE

RESOURCES