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Finance & Taxes
Netherlands
Daycare prices outpace benefit cap, hitting low earners hardest
Summary
Seven in ten daycare centers in the Netherlands charge more than the hourly rate covered by childcare benefits, according to parents' association BOinK. The average hourly rate is โฌ11.82, while the government subsidizes up to โฌ11.23, with prices expected to rise further next year, impacting low earners the most. Low-income families will see increased daycare costs.