Free Tool

Childcare Cost Calculator

Compare daycare, nanny, au pair, and more. Get personalized cost estimates, calculate tax credits, and find the most affordable childcare option for your family.

Tax Credit Calculator
5 Care Options
Work vs Stay Home
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Household InfoWork ExpensesCare Preferences

Tell us about your household

Tax credits apply to children under 13

How the Calculator Works

1

Enter Your Info

Tell us about your household income, state, and number of children needing care.

2

Add Work Costs

Include commuting, wardrobe, and meal costs to see the true cost of working.

3

Compare Options

See side-by-side costs including tax credits for daycare, nanny, au pair, and more.

Frequently Asked Questions

How accurate are these cost estimates?

Our calculator uses average costs by state from 2024-2025 data. Actual costs vary by location, provider quality, and specific needs. Use the custom rate fields to input actual quotes you've received for more accurate results.

What is the Child and Dependent Care Credit?

It's a federal tax credit that can reduce your tax bill by 20-35% of qualifying childcare expenses, up to $3,000 for one child or $6,000 for two or more. The percentage depends on your income level.

Does it make financial sense to stay home?

Our work vs. stay home analysis helps answer this, but finances aren't everything. Consider career trajectory, retirement savings, personal fulfillment, and your child's needs. Many families find the answer isn't purely financial.

Which childcare option is best?

There's no universal best option. Daycare centers offer socialization and structure; nannies provide flexibility and personalized care; au pairs give live-in convenience; home daycares offer a middle ground. The best choice depends on your family's priorities, schedule, and budget.