The cost of facilities can be among the highest costs incurred by preschool providers. An analysis of preschool costs using the default assumptions of the CPQ&R suggest that rent or mortgage payments may be second only to salaries and benefits among the major cost categories. Furthermore, real estate costs can vary widely across the country, which can confound a shared understanding of the “true cost” of high-quality preschool. Because the CPQ&R was developed to be a cost estimation tool applicable for any state or region, the opportunity emerged to improve upon its real estate cost assumptions and provide users with more detailed estimates of rents around the country. (author abstract)