Massachusetts is a pricey state where salaries and housing costs are high. It's no wonder residents have to shell out big bucks to keep their kids in day care here.
Child care workers are paid more in Massachusetts than elsewhere in the country. Since payroll accounts for about 80% of a program's expense, that drives up the price of care, said Dave McGrath, deputy commissioner of field operations for the state's Department of Early Education and Care.
Another factor: There can be no more than three kids per teacher and no more than seven in a class. Plus, child-care providers are required to spend 20 hours a year on professional development. That's great for kids, but it comes at a price.
"Regulations in Massachusetts are recognized as national standards and there is a cost to that," McGrath said.
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.
|Federal workers lose big by pulling out of low-cost retirement plans|
|Coke changes exec pay after Buffett criticism|
|America's top 20 speeding ticket magnets|
|Google's Schmidt: Tim Cook is wrong about us|
|Coke and Pepsi launch competing green stevia sodas|