πŸ‘ΆπŸ» Childcare Cost Calculators Colorado

Colorado Childcare Cost Calculator

Calculate childcare costs in Colorado. Infant daycare ~$15,513/yr. Compare options, tax credits, and DCFSA savings.

Free β€” No Sign-up Verified Data Editorially Reviewed Updated
Colorado Quick Facts
4.4% Income Tax Rate
0.51% Property Tax Rate
$82,254 Median Income
105.1 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Childcare cost calculator for Colorado. Weekly rate pre-filled based on national averages adjusted by Colorado's cost of living index (105.1). National avg: infant daycare ~$14,760/yr, preschool ~$10,600/yr. DCFSA provides pre-tax savings up to $5,000/yr. Child and Dependent Care Tax Credit: 20-35% of up to $3,000 (1 child) or $6,000 (2+ children).

Key State Information

Colorado childcare facts: Estimated infant daycare ~$15,513/yr (~$1,293/mo) | Preschool ~$11,141/yr | Median household income $82,254 | Childcare as % of income: ~19%.

Standard financial formulas Pre-filled with real state data Estimates only β€” not financial advice
Data Source
Child Care Aware, Census Bureau
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much does daycare cost in Colorado?

In Colorado, infant daycare averages approximately $15,513/year ($1,293/month). Preschool averages ~$11,141/year. This represents about 19% of the state's median household income of $82,254.

How can I reduce childcare costs in Colorado?

Key strategies: (1) Use a Dependent Care FSA (save up to $5,000 pre-tax), (2) Claim the Child and Dependent Care Tax Credit (20-35% of costs), (3) Look into Colorado state child care subsidy programs, (4) Consider family-based daycare vs centers, (5) Explore employer childcare benefits. DCFSA also saves on Colorado's state income tax.

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