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Reply to "Study shows that 350k/year is barely scrapping by as middle class"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] +1 to most of this although I don't think those daycare costs are the norm at all. We are in Silver Spring and I looked at a LOT of daycares, but the absolute lowest I found was an in-home for $250 per week (maybe it went down to $200 for a toddler, but I can't remember). That's still $10k for one kid, and in this case it was a bit sketchy and we ended up at one that cost $300/week instead (which is still pretty reasonable in this area). Where the heck is someone finding a licensed daycare for $5000 per year?[/quote] I'm the one who posted. Here are some. All are fairly close to Silver Spring, MD. You are paying a premium to live in Montgomery County. That premium comes with increased costs on everything if you want to stay local. If you are willing to branch out some (especially going to PG County), you'll find inexpensive options. Also note that for the most part, the church-based preschool/child care are cheaper than centers. It used to be that in-home based childcare was the cheapest, but I have noticed that lately many of the in-home childcares have raised their prices. Note, that these are all under the average costs, but I know families who send their kids to both the first two and they are good facilities. The families are typical middle class families that earn between $100-150K per year and have to find reasonable cost child care. Hyattsville: [url]https://www.mystandrew.org/preschool/[/url] College Park: [url]http://www.ucnskids.org/tuition-and-fees[/url] Beltsville: [url]https://www.hopechristianacademy.org/apply/tuition-costs[/url] Laurel: [url]https://christianacademyoflaurel.org/admissions[/url]/ Laurel: [url]https://www.care.com/b/l/kristland-family-daycare/laurel-md[/url] All of the above are no more than $600/month and between $5K-7K per student per year. The family that had two for about $10K had their younger 2 year old only in the 3-day a week program with grandmother watching him one day a week and Mom on a 4x10 hour day schedule watching him one day a week. This is the cheapest I found in Silver Spring ($8400/year for 1st child, $7500/year for sibling discount) [url]https://fcs.school/wp-content/uploads/2019/05/Financial-Info-Sheet-2019.20-updated-1.pdf[/url][/quote] Christian Academy of Laurel is school year only. Great if you are a teacher, bad if you work 12 months a year like most people [/quote] The mystandrew link says the preschool is only open 9:15-1:15 each day. That is why it is so cheap. That is for SAHMs,not working moms.[/quote] ucnskids.org is 2 days a week only. Again, ok for SAMHs, not suitable for working moms.[/quote] fcs.school is school year only. Not suitable for working moms.[/quote] Yeah I think PP is confused about “daycare” vs. “preschool”. It happens. Lots of research though![/quote]
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