Mississippi Childcare Cost Calculator
Calculate childcare costs in Mississippi. Infant daycare ~$12,295/yr. Compare options, tax credits, and DCFSA savings.
How This Calculator Works
Calculation methodology and assumptions
Childcare cost calculator for Mississippi. Weekly rate pre-filled based on national averages adjusted by Mississippi's cost of living index (83.3). 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
Mississippi childcare facts: Estimated infant daycare ~$12,295/yr (~$1,025/mo) | Preschool ~$8,830/yr | Median household income $48,610 | Childcare as % of income: ~25%.
Frequently Asked Questions
How much does daycare cost in Mississippi?
In Mississippi, infant daycare averages approximately $12,295/year ($1,025/month). Preschool averages ~$8,830/year. This represents about 25% of the state's median household income of $48,610.
How can I reduce childcare costs in Mississippi?
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 Mississippi state child care subsidy programs, (4) Consider family-based daycare vs centers, (5) Explore employer childcare benefits. DCFSA also saves on Mississippi's state income tax.
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