MoneySense recently released their list of best cities in Canada. Here's what ranked the highest for raising children.
It takes a small fortune to raise kids these days. After daycare, diapers and outfitting your kids for school there often isn’t a lot left for much else. In that sense, where you live can really make a difference in terms of stretching your finances. It’s certainly easier for parents in Quebec, which offers subsidized daycare for families earning less than $125,000. In other provinces parents are paying out as much as they would on their mortgage for a regulated child-care space—assuming they can find one. Of course, there are still plenty of great places where parents can make a good living and surround themselves with families with kids of their own.
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Average monthly daycare cost: $900
Percentage of families with kids: 49
Percentage of population under the age of 15: 19
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Average monthly daycare cost: $1,152
Percentage of families with kids: 59
Percentage of population under the age of 15: 24
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Average monthly daycare cost: $152
Percentage of families with kids: 42
Percentage of population under the age of 15: 16
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Average monthly daycare cost: $1,152
Percentage of families with kids: 44
Percentage of population under the age of 15: 17
Average monthly daycare cost: $1,152
Percentage of families with kids: 47
Percentage of population under the age of 15: 16
Average monthly daycare cost: $900
Percentage of families with kids: 48
Percentage of population under the age of 15: 18
Average monthly daycare cost: $1,152
Percentage of families with kids: 55
Percentage of population under the age of 15: 19
Average monthly daycare cost: $1,152
Percentage of families with kids: 46
Percentage of population under the age of 15: 16
Average monthly daycare cost: $900
Percentage of families with kids: 50
Percentage of population under the age of 15: 18
Average monthly daycare cost: $152
Percentage of families with kids: 54
Percentage of population under the age of 15: 21
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