Children playing at daycare Georgia, Florida and Louisiana center-based care providers have seen the largest increases for children ages 3 and 4 — an annual average of at least 144%. (Photo: Shutterstock)

Child care expenses have spiked by more than 40% during the pandemic, soaring from nearly $10,000 annually per child to more than $14,000. LendingTree researchers used Center for American Progress data on costs for center-based child care providers and data from Child Care Aware of America on household child care costs to quantify the effect on households.

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