πŸ‘ΆπŸ» Childcare Cost Calculators Virginia

Virginia Childcare Cost Calculator

Calculate childcare costs in Virginia. Infant daycare ~$15,306/yr. Compare options, tax credits, and DCFSA savings.

Free β€” No Sign-up Verified Data Editorially Reviewed Updated
Virginia Quick Facts
5.8% Income Tax Rate
0.82% Property Tax Rate
$80,615 Median Income
103.7 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Childcare cost calculator for Virginia. Weekly rate pre-filled based on national averages adjusted by Virginia's cost of living index (103.7). 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

Virginia childcare facts: Estimated infant daycare ~$15,306/yr (~$1,276/mo) | Preschool ~$10,992/yr | Median household income $80,615 | 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 Virginia?

In Virginia, infant daycare averages approximately $15,306/year ($1,276/month). Preschool averages ~$10,992/year. This represents about 19% of the state's median household income of $80,615.

How can I reduce childcare costs in Virginia?

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

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