I'm a single mom and I have two children so I moved back in with my parents. I get a day care voucher from the state, but I still have to work two jobs to cover the cost and buy groceries. Other bills don't get paid and my credit is shot right now.
My daughter is in child care full time now. But as soon as school started, I had to take my son out of the after-school program because I couldn't afford that $550 anymore. Now, my 80-year-old grandmother watches my son when he gets home -- or more like he watches her.
In Massachusetts, the cost of child care for a two-parent, middle-class family averages 16% of their annual income. In Mississippi, costs average 7.3%. See how your state ranks.
|Boom: Alibaba surges 38% in huge IPO debut|
|GM recalls 205,000 Cadillacs, Impalas|
|How young tech millionaires invest|
|Sears clobbered after 9th straight quarterly loss|
|The richest middle class ... that isn't near NY and DC|