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2023 Montana child care market rate survey

Description:

This section examines changes in statewide and regional child care daily and monthly rates using results from the March and October surveys. The initial child care rate estimates were based on survey data collected in March 2023. However, based on feedback from the March 2023 survey and federal pandemic financial support ending, additional data were collected in October 2023 (post card survey) to assess changes in child care rates from March to October of 2023. If statewide 75th percentile rates for March 2023 are used to set Best Beginnings Child Care Scholarship reimbursements, all rates will increase from their 2020 level, except for family daily school rates (Table A). The most substantial increases will be for group home providers, who would see their daily rates increase by 21% to 29%, and monthly rates increase by 17% to 26%. Family and center providers would realize somewhat smaller, but substantial increases. Daily rates for center providers will increase by 19% to 25% and monthly rates will increase by 13% to 26%. Daily rates for family providers will increase by 0% to 14% and monthly rates will increase by 6% to 19%. (author abstract)

Resource Type:
Reports & Papers
Country:
United States
State(s)/Territories/Tribal Nation(s):
Montana

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