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Thomas Lagana, Michael Vergari & John Schwear
Financial Advisors
Janney Montgomery Scott LLC
The Lagana Wealth Advisory Group
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Child-Care Affordability Is All Over the Map

The typical fees charged for child care vary widely by state. The U.S. Department of Health and Human Services considers child-care costs to be affordable when they are at or below 7% of annual household income — but many families face costs far above that threshold.

Source: Child Care Aware® of America, 2022 (data for 2021; CO data for 2020)