Byline: NH Fiscal Policy Institute

Although tuition for child care is beyond the federal government’s affordability benchmark for many families in the Granite State, most child care programs are not charging families the “true cost of care.” True cost of care for child care providers encompasses all traditional business expenses as well as those necessary to provide a stimulating environment and curriculum for children and families, meet licensing requirements, create profit margins similar to those of other small businesses, and pay child care workers professional wages. Child care programs can only charge tuition rates that local families can afford, and as a result, child care workers are often paid based on the amount that remains after paying other required expenses.  

Newly-released data revealed that the price of child care in New Hampshire continued to rise in 2023. The national organization

The month of April is crucial for determining the amount of New Hampshire State revenue available for public services each year, as both quarterly tax payments and tax returns from the prior year are due for key revenue sources.