Childcare costs rising faster than rent, new research shows
Channel: CBS News
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Duration: PT179S
Read a transcript preview of “Childcare costs rising faster than rent, new research shows” from CBS News, uploaded on 2026-10-22.
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Language: English (original, YouTube automatic captions)
[0:00] The cost of child care is going up
[0:02] faster than people's rent and health
[0:04] care expenses, and it's putting a real
[0:06] strain on people's budgets. Nearly 8% of
[0:08] families are spending more than $2,000 a
[0:11] month on daycare, nanny services, and
[0:13] other programs. That's more than double
[0:15] the share of households that spent that
[0:16] much just three years ago, according to
[0:19] new research from the Bank of America
[0:20] Institute. C