Family Nest have produced a childcare affordability report that is very interesting . They surveyed 124 local authorities and calculated official earnings data to determine a league table of affordability for every county and town.
The key outcomes of the report were that Stoke is the most affordable location in Great Britain for childcare. Childcare costs relative to earnings were found to be least affordable in Ebbw Vale, South Wales What about wherre you live. I think you’ll find the information below really enlightening.
In Great Britain today, a parent paying for 25 hours of childcare a week can expect to pay almost £5,000 over the course of year, a figure which is equivalent to 18.9% of average annual earnings You must check out this wonderful new tool that lets you see to see how far your income goes in terms of childcare and where the best place in the UK would be for you to raise a child based on this information
Provided to you by Family Investments. Visit Family Nest for information on available benefits and entitlements including Child Tax Credits & Working Tax Credits.