How much does it cost to start a daycare?

Question

Zippia Team · Accepted Answer

It costs anywhere from $10,000 to $50,000 to start a daycare. The costs vary widely depending on whether you operate out of your home or a facility. A facility costs more money, but it may be a better long-term solution and helps separate home and work life. You also can charge more at a facility than at home.

The costs of starting a daycare include the costs of licensing. This varies state by state, but each state does have licensing requirements for working with children. You also need to purchase insurance. Then, you must provide the children with toys, art supplies, high chairs, cribs, extra diapers, and other necessary items.

Advertising is another aspect of starting a daycare you should budget for. You could spend as little as $150 printing off materials for advertising. You could also spend a little more and advertise through an agency; it all depends on your budget and needs.