Childcare costs represent a heavier or lighter burden on parents depending on where in the world you live.
According analysis of 2017/18 data by the OECD, parents in New Zealand have it roughest, with the average couple with two young children devoting 37.3 per cent of their pay to covering childcare costs.
Australia isn’t far behind in fourth place, with just under a third (31.1 per cent) of parents’ pay going to childcare.
On the other end of the spectrum is Czech Republic, where couples earning the average salary only need to fork out 2.6 of their pay, and South Korea at 3 per cent.
These countries have public subsidies to cover early-year education and childcare facilities, according to the OECD.
Here’s that in a chart:
And a table:
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