Childcare costs have skyrocketed this millennium
IEA research featured in The Times
Matthew Lesh quoted in Conservative Home
The article said:
“Matthew Lesh of the Institute of Economic Affairs calculates that the ‘annual cost of full-time childcare (50 hours per week) for an under-two-year-old has risen by 171 per cent since 2000, from £5,148 to £13,939 in 2021.’ This means that ‘the cost of putting two children into full-time childcare is almost the same as the median household income in the UK.'”
Read the full article here.