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Benzinga
Benzinga
Business
Jeannine Mancini

'Middle Class Is Priced Out Of Existing,' Say Parents Paying More Than Their Mortgage For 1 Kid's Daycare — 'Genuinely Don't Know How People Do It'

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If you've ever dropped your kid off at daycare and wondered whether it'd be cheaper to buy a second house instead, you're not alone. One parent on Reddit's r/MiddleClass subreddit said they've officially hit that breaking point.

"We pay $1,480 a month for daycare. Our mortgage is $1,350," they wrote. "It's wild to me that taking care of one toddler costs more than housing an entire family. We make a decent income, but between childcare, groceries, gas, and insurance, there's nothing left at the end of the month. Every time I hear someone say ‘just save more,' I want to hand them our budget and ask what part they think is optional. It feels like the middle class is being slowly priced out of existing."

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