AUSTIN, Texas--(BUSINESS WIRE)--Care.com’s 2024 Cost of Care Report, released today, found that on average, parents who responded spend 24% of their household income on childcare with nearly half (47%) spending more than $18,000 in 2023. While this represents a slight drop from 27% in last year’s report, it remains more than three times the 7% deemed affordable by the U.S. Department of Health and Human Services. Additionally, and meaningfully, household income is not the only source of funding parents are ...