Childcare Landscape Study - Flipbook - Page 114
Davidson County Child Care Landscape Study Results
5
Market Prices and Certificate Reimbursement Rates Are Not
Sufficient to Cover the True Cost of Home-Based Child Care
Market prices and reimbursement rates do not cover the estimated true cost of high-quality
child care for either family or group home-based child care.
The market price reflects what families are able to pay for full-time child care today. The
75th percentile of the market rate means that 75 percent of providers charge that amount or
less for care, and the remaining 25 percent of providers charge higher prices. The 75th
percentile is what the US government considers the
