A Boring Dystopia

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Child care costs more than a mortgage payment or rent almost everywhere in the U.S.: ‘There is no escaping it’ (www.marketwatch.com)

submitted 4 months ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world

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[–] shasta@lemm.ee 1 points 4 months ago* (last edited 4 months ago)

I think it would be great if childcare was subsidized (more). However, I don't think this article is accurate. My child goes to daycare 5 days a week for 8 hrs a day and it costs almost exactly half of my mortgage payment which includes the home loan, property taxes, and homeowner's insurance. And we get back a few thousand dollars in tax benefits each year ($1200 just from the FSA reducing my taxable income).