Daycare Calculator Ontario

Use our Ontario daycare calculator to estimate childcare costs. This tool helps parents and caregivers determine the financial impact of daycare expenses, including government subsidies and savings opportunities.

How to Use This Calculator

To calculate your Ontario daycare costs:

Enter the number of children in your care
Select the type of daycare (licensed or subsidized)
Input the average daily cost per child
Specify the number of days per week your children attend
Click "Calculate" to see your estimated monthly expenses

The calculator will show you the total monthly cost, potential government subsidies, and your net monthly expense after subsidies.

Formula Used

The calculator uses the following formula to estimate monthly daycare costs:

Monthly Cost = (Number of Children × Daily Cost × Days per Week) × 4.33

The 4.33 multiplier converts weekly costs to monthly (assuming 4.33 weeks in a month).

For subsidized daycare, the calculator applies Ontario government subsidies based on family income and child age.

Worked Example

Let's calculate the cost for a family with 2 children attending licensed daycare 3 days a week at $20 per day per child.

Monthly Cost = (2 × $20 × 3) × 4.33 = $519.60

For a family earning $60,000 annually with two children under 6, the Ontario government might provide $1,200 in subsidies per year, reducing the annual cost to $4,380.

Frequently Asked Questions

How accurate is this daycare cost calculator?

This calculator provides an estimate based on average Ontario daycare costs. Actual expenses may vary depending on your specific circumstances and the daycare provider you choose.

Does this calculator include government subsidies?

Yes, the calculator estimates potential government subsidies based on average Ontario family income and child age. For exact eligibility, you should contact the Ontario Early Years Centres.

What types of daycare are included in this calculator?

The calculator includes both licensed daycare and government-subsidized daycare options. Licensed daycare typically has higher costs but more flexibility.