December 3, 2020
NYC’s Child Care Affordability Crisis: The Unaffordable Cost of Care Burdens Families and Impedes Pandemic Recovery in New York City
High quality early care for infants and toddlers is essential to children’s healthy development and plays a fundamental role in supporting the economic stability and mobility of working parents and caregivers. Access to this essential service, however, is limited by its cost.
To better inform needed actions, this brief examines two economic dimensions of access to child care—child care cost burden and affordability—and findings on how these dimensions vary geographically across the city by boroughs and community districts, and household compositions—single parent or married couple-headed families with at least one child under five years of age. Together these findings make clear how child care is out of reach for far too many families.
Among the key findings in the report:
The report also calls attention to key actions federal, state, and local policymakers must advance to create a robust and affordable child care infrastructure and prevent even greater threats to New York City’s economic recovery and the well-being of children and families.