New York City families are spending over a quarter of their income on childcare.
The typical New York City family is spending over 25% of its income to pay for the childcare of just one kid, according to data from the Department of Labor .
For its New York City childcare expenses to meet the federal standard for affordability, a family would need to earn roughly $300,000 per year.
AdvertisementAdvertisementCindy Lehnhoff, director of the National Child Care Association, previously told Insider that more funding — not changing ratios — is what's necessary to resolve the national crisis.
Are you struggling to afford childcare or finding creative solutions?
Persons:
Robin Hood, Taryn Morrissey, Cindy Lehnhoff, Lehnhoff
Organizations:
Service, Department of Labor, New, Robin Hood Foundation, American, Century Foundation, American University, National Child Care Association
Locations:
York City, Wall, Silicon, New York City, New, Kansas