πŸ‘ΆπŸ» Childcare Cost Calculators Montana

Montana Childcare Cost Calculator

Calculate childcare costs in Montana. Infant daycare ~$14,996/yr. Compare options, tax credits, and DCFSA savings.

Free β€” No Sign-up Verified Data Editorially Reviewed Updated
Montana Quick Facts
5.9% Income Tax Rate
0.84% Property Tax Rate
$60,560 Median Income
101.6 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Childcare cost calculator for Montana. Weekly rate pre-filled based on national averages adjusted by Montana's cost of living index (101.6). 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

Montana childcare facts: Estimated infant daycare ~$14,996/yr (~$1,250/mo) | Preschool ~$10,770/yr | Median household income $60,560 | Childcare as % of income: ~25%.

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 Montana?

In Montana, infant daycare averages approximately $14,996/year ($1,250/month). Preschool averages ~$10,770/year. This represents about 25% of the state's median household income of $60,560.

How can I reduce childcare costs in Montana?

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 Montana state child care subsidy programs, (4) Consider family-based daycare vs centers, (5) Explore employer childcare benefits. DCFSA also saves on Montana's state income tax.

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