According to a study by Qualistar Colorado, the annual cost of sending your child to preschool in Eagle County is $11,100 a year. The same study found that the average annual cost for childcare for young children is $13,000 which is 53% higher than the median cost across U.S. school districts.
The U.S. Department of Health and Human Services has stated that no more than 10 percent of a family’s income should be spent on childcare for it to be considered affordable. However, in reality, low-income families spend a much larger portion of their income on childcare.
According to the U.S. Census Bureau, families above the federal poverty line spend an average of 8 percent of their income on childcare, whereas families below the federal poverty line spend an average of 30 percent.
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