Childcare Costs Are Dramatically Increasing

Arizona’s Family On Your Side

Being a new parent can be overwhelming, especially when it comes to finances. And childcare fits right into that category. Like everything else, childcare has gone up dramatically. In fact, a recent report released by Bankrate.com indicates that parents spend nearly 15 percent of their income on childcare alone. So today, Alex Gailey joins us on the On Your Side Podcast. She's an analyst with Bankrate and she shares some interesting information when it comes to childcare costs here in the U.S, including what states are the most expensive for childcare.