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Childcare Is Costing Families More Than Their Rent Or Mortgage

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Childcare Is Costing Families More Than Their Rent Or Mortgage


Almost two thirds of families are paying more, or the same, for their childcare as they do their rent or mortgage, according to a survey of 27,000 parents of young children.

The survey was conducted by online forum Mumsnet and charity Pregnant Then Screwed, who looked into the impact of childcare costs on families.

The research found that 62% of parents say that the cost of childcare is now the same or more than their domestic costs. This rises to 73% for single parents and parents who work full-time, with high childcare costs being a key driver for women being pushed into low-paid part-time work.

More than four in 10 (43%) of mums said that the cost of childcare has made them consider leaving their job and 40% said they have had to work fewer hours than they would like because of the inflated costs.





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