Are you looking to manage your childcare costs? In 2022, parents paid 2.5% more for childcare for kids under two in comparison to 2021. This is slightly higher at 3.5% more for three to four-year-olds.1
The cost of childcare is relatively high, which might be stressful for families – especially with the rising cost of living. The good news is, there are some pointers to help you better manage these outgoings. We’ve also added a list of resources if you would like to find extra information on each tip.
Where to find more information
While childcare costs are rising, it’s possible to cut down on these expenses and find a strategy that works for you and your family.
For more details on tax-free childcare, visit GOV.UK.
If you’re looking for more information on free childcare hours, you can visit the relevant government webpage depending on where you live:
And for more ideas on childcare options, visit the MoneyHelper website.
- Childcare survey 2022. Data source, Coram Family and Childcare. Information as at November 2021.
- Tax-free childcare. Data source, gov.uk. Information as at May 2023.
- 30 hours free childcare. Data source, gov.uk. Information as at May 2023.
- UK Headquarters membership fee. Data source, Scouts. Information as at May 2023.
- Childcare costs. Data source, childcare.co.uk. Information as at May 2023.