Is Childcare Worth It Calculator
Calculate if returning to work with childcare costs is financially worthwhile after tax benefits.
Your Income
Working Costs
Nursery, childminder, au pair, etc.
Train, car, fuel
Tax credits, child benefit reduction
Annual Decision
Worth It
Net annual gain
£26,320
Effective hourly rate
£13.71/hr
You keep £26,320 per year after all childcare and work costs
Monthly Breakdown
Note: This calculation doesn't include:
- Career progression and future salary growth
- Pension contributions (which are valuable)
- Flexible working arrangement discounts
- Employer childcare schemes (e.g., childcare vouchers)
- Psychological benefits of work and independence
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