Childcare Cost Calculator
Estimate monthly and annual childcare costs by state and care type — daycare center, home daycare, or nanny. See tax savings from a Dependent Care FSA.
Part of our Finance Calculators collection.
Childcare Cost Calculator
Free online calculator
Results update automatically as you type
How to Use This Calculator
- 1
Select child age and care type.
- 2
Choose state.
- 3
See monthly, annual, and tax savings estimates.
Childcare Cost Estimates
Based on 2024 national cost-of-care survey data. Daycare center (infant): $1,200–$2,400/month by state Home daycare: $600–$1,200/month Full-time nanny: $3,000–$5,000/month Dependent Care FSA: Save ~$1,250–$2,000/yr tax-free
Example Calculation
Example: 1-year-old, daycare center, national average
Inputs
childAge: 1careType: daycarestate: national
Result
~$1,400/month ($16,800/year)
National average for toddler center care. CA/NY ~$2,000+.
Frequently Asked Questions
What is a Dependent Care FSA?
A tax-advantaged account (up to $5,000/year) for qualifying childcare expenses. Contributions reduce taxable income, saving $1,250–$2,000+ depending on your tax bracket. Offered by many employers.
Can I deduct childcare on taxes?
Yes — the Child and Dependent Care Tax Credit provides a credit of 20–35% of up to $3,000 ($6,000 for 2+ children) in childcare expenses. This is separate from, and in addition to, a DC-FSA.