New Jersey Childcare Cost Calculator
Calculate childcare costs in New Jersey. Infant daycare ~$17,004/yr. Compare options, tax credits, and DCFSA savings.
How This Calculator Works
Calculation methodology and assumptions
Childcare cost calculator for New Jersey. Weekly rate pre-filled based on national averages adjusted by New Jersey's cost of living index (115.2). 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
New Jersey childcare facts: Estimated infant daycare ~$17,004/yr (~$1,417/mo) | Preschool ~$12,211/yr | Median household income $89,296 | Childcare as % of income: ~19%.
Frequently Asked Questions
How much does daycare cost in New Jersey?
In New Jersey, infant daycare averages approximately $17,004/year ($1,417/month). Preschool averages ~$12,211/year. This represents about 19% of the state's median household income of $89,296.
How can I reduce childcare costs in New Jersey?
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 New Jersey state child care subsidy programs, (4) Consider family-based daycare vs centers, (5) Explore employer childcare benefits. DCFSA also saves on New Jersey's state income tax.
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