Nursery World - Childcare costs rise above inflation

Britain’s parents are paying 5 per cent more for childcare for the under-twos than they were a year ago, according to a survey.

Parents are paying 5 per cent more for childcare than they were a year ago

Coram Family and Childcare’s 20^th annual childcare survey has found parents have been hit by childcare costs rising ahead of inflation.

Parents pay an average of £131.61 per week, or over £6,800 per year, for a part-time nursery place, the survey said.

They also face a ‘postcode lottery,’ according to the findings, with childcare prices and availability varying significantly across the country.

The most expensive regions in the UK are London and the South East, where the cost of a part-time nursery place for a child under two is £165.47 and £144.90 per week respectively.

In the least expensive regions, the West Midlands and Yorkshire and Humberside, the costs are £116.25 and £113.76 respectively.

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