The cost of home daycare varies depending on location and age of the child. The National Association of Child Care Resource and Referral Agencies claims that home daycare will cost between $3,582 and $11,940 per year.
Location plays a large role when determining how much home daycare costs. An individual who is living in a large city can expect to pay more for home daycare than someone who is living in a small town. The child’s age is also a factor to consider. The average cost for an infant, toddler or preschooler is around $650 a month. A neighbor or good friend might charge significantly less.