Tennessee Childcare Cost Calculator
Calculate childcare costs in Tennessee. Infant daycare ~$13,240/yr. Compare options, tax credits, and DCFSA savings.
How This Calculator Works
Calculation methodology and assumptions
Childcare cost calculator for Tennessee. Weekly rate pre-filled based on national averages adjusted by Tennessee's cost of living index (89.7). 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
Tennessee childcare facts: Estimated infant daycare ~$13,240/yr (~$1,103/mo) | Preschool ~$9,508/yr | Median household income $56,071 | Childcare as % of income: ~24%.
Frequently Asked Questions
How much does daycare cost in Tennessee?
In Tennessee, infant daycare averages approximately $13,240/year ($1,103/month). Preschool averages ~$9,508/year. This represents about 24% of the state's median household income of $56,071.
How can I reduce childcare costs in Tennessee?
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 Tennessee state child care subsidy programs, (4) Consider family-based daycare vs centers, (5) Explore employer childcare benefits. Since Tennessee has no state income tax, the DCFSA saves on federal tax only.
Related Calculators
More Childcare Cost Calculators
More Calculators for Tennessee
Explore related financial tools with Tennessee data