Average nursery place cost soars by nearly £1,500

The Labour Party has said that the average annual cost of a nursery place for children under two has risen by nearly £1,500 in five years, putting a strain on working families.

The party found that the average weekly cost of a full-time nursery place for children under two in England has risen 16 per cent in five years, from £236.19 in 2018 to £273.57 in 2022. For two-year-olds, the rise has been 15 per cent, from £231.75 in 2018 to £265.38 in 2022.

Extrapolating these totals across a school year of 38 weeks, the party found that the average annual cost of a place for children under two has risen by £1,420.44 in five years.

The same analysis also suggests that for primary school children, the average cost of an after-school club has risen 17 per cent over the same period, from £56.82 in 2018 to £66.75 in 2022.

Bridget Phillipson, Labour’s Shadow Education Secretary, said: “The Conservatives are making high quality childcare increasingly unavailable and unaffordable. Parents are having to work fewer hours or leave jobs because they cannot find or afford it, once again failing children and families. Labour’s Children’s Recovery Plan would invest in early years places for children on free school meals and boost access to before and after-school clubs, as families fight rising prices.

“The Chancellor has failed to give families security. Labour would halt the national insurance rise and use a one off windfall tax on oil and gas companies to cut household’s bills by up to £600 and put families first.”

The findings follow a recent survey by Pregnant Then Screwed and Mumsnet which found that 40 per cent of mothers were having to work fewer hours than they would like due to childcare costs.