Mmastodon LifeParenting first seen 5 h ago, last 5 h ago, peak #6

US couples spend a quarter of income on childcare for two

Original: What full-time childcare for two children (aged 2 and 3) costs a couple, net of every benefit: 🇺🇸 United States: 25% of

An OECD tax-benefit comparison shows full-time childcare for two young children costs an American couple about $26,689 a year, roughly 25% of net income. The same care costs about 6% of net income in Greece (€2,160) and 5% in Portugal (€1,607), highlighting how starkly childcare affordability differs across countries even after accounting for benefits and tax breaks.

Why now: The sheer gap between US childcare costs and those in European countries strikes a nerve in ongoing debates about family policy and cost of living.

United StatesGreecePortugalOECD

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Evidence

• What full-time childcare for two children (aged 2 and 3) costs a couple, net of every benefit: 🇺🇸 United States: 25% of net income, $26,689 a year 🇬🇷 Greece: 6%, €2,160 a year 🇵🇹 Portugal: 5%, €1,607 a year OECD tax-benefit model, 2023. Sourced and free, no sign-up: https://… · geo_parity · 1

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