Childcare Costs in Fairbanks North Star Borough, AK

FIPS: 02090 · Data year: 2022

$20,551
Center Infant/yr
$16,424
Family Infant/yr
$81,655
Median Income
25.2%
% of Income (Infant)

Annual Childcare Costs by Age Group

Age Group Center-Based Family Childcare
Infant $20,551 $16,424
Toddler $14,880 $12,224
Preschool $13,784 $11,205
School Age $8,400 $8,460

Cost Comparison (Center-Based)

Infant $20,551
Toddler $14,880
Preschool $13,784
School Age $8,400

Affordability Context

The U.S. Department of Health and Human Services considers childcare affordable when it costs no more than 7% of a family's income.

Center infant cost: $20,551
Median household income: $81,655
Cost as % of income: 25.2%
7% affordability threshold: $5,716/year

Cost History (Center-Based Infant)

Year Infant
2008 N/A
2009 N/A
2010 N/A
2011 N/A
2012 N/A
2013 N/A
2014 $10,560
2015 $10,560
2016 $12,942
2017 $15,324
2018 $16,369
2019 $17,415
2020 $18,460
2021 $19,505
2022 $20,551

More Data for Fairbanks North Star Borough

Source: U.S. Department of Labor, Women's Bureau — National Database of Childcare Prices (NDCP). Costs are annual estimates based on weekly median prices.