Budgeting For Child Care
Child Care is essential for the economy and for the family. It allows parents to concentrate on their jobs, and it
helps children learn the social, emotional, and intellectual skills needed to succeed in school. Finding affordable,
accessible, high quality child care can be challenging. Care during non-traditional hours, part time care, and
temporary care can be more expensive as well. Child care is costly, but it is only a temporary. It is very important
to include child care into your monthly budgets. Single parents may be especially affected by the high cost of child
care, especially when they have more than one child. The U.S. Department of Health and Human Services
recommends that parents spend no more than 10 percent of their family income on child care.
The average costs for Full Time care in South Dakota* are as follows:
Many providers do offer multiple child discounts, or sliding fee scales.
*According to the National Association of Child Care Resource and Referrals, 2009.
The state of South Dakota does provide Child Care Assistance for those who are eligible. You may be eligible if:
You are working at least 80 hours per month and within established income guidelines (175% of the
Federal Poverty Level)
You receive TANF and are in an approved work activity
You are a college student who works or attends school a minimum of 80 hours per month
You are a high school or GED student
You are a licensed foster care family
For more information on South Dakota Child Care Assistance, or to apply, please call 1-800-227-3020, or visit South
Dakota Department of Social Services website www.dss.sd.gov.
In order to determine the amount your family can reasonably afford to spend on child care, you must first take
stock of your finances. Sit down with your partner, or if you are a single parent, a trusted friend or relative, and
determine your income and all your expenses. Next, gather information about the average costs of the daycares
you are considering. Determine if the providers you like will be able to fit into your budget. Consider other fees
that the daycare may have, such as transportation, lunches, or any other unforeseen extras. Don’t start your child
in a program you will not be able to afford long-term. You must be honest with yourself about your financial
situation, and you do not want to have to pull your child out of a program midway through. Keep in mind that the
years that you will need child care will not last forever. Please use the budget form as a draft to help you decide
how to appropriately plan for daycare.
Total Monthly Gross Income $__________
Total Health Ins. & Other Payroll Deductions $__________
Savings, 401K & Other Deferred Money $__________
Total Monthly Income $__________