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Mamdani’s universal childcare plan will cost taxpayers billions more than planned as costs balloon: report
Mayor Zohran Mamdani’s universal childcare plan will cost 50% more than he advertised, according to a new study.
The proposed program is estimated to cost a whopping $9 billion annually, approximately with an average cost per child roughly $27,000, according to the report from the Center for New York City Affairs, a nonpartisan research organization affiliated with the New School.
“An estimated $8.7 to $9.3 billion would be needed annually to fund universal child care in New York City,” the report, which was released on Monday, states.
That’s $3 billion more than the mayor previously said his ambitious universal free childcare program would cost.
Introducing a Universal Child Care Cost Model for New York
Mayor Zohran Mamdani and Governor Kathy Hochul made a commitment to universal child care this year and took initial steps toward this bold objective in the State and City FY2027 budgets. That included piloting new contracted care services, like 2-K in New York City and 0-2 care in three upstate counties; a commitment to universal Pre-K statewide by 2028; and the establishment of a new State Office of Child Care and Early Education.
Nevertheless, questions remain about how much a universal, high-quality, stable system will cost, and who will pay for it.
To that end, the Economic and Fiscal Policy Team at the Center for New York City Affairs developed a universal child care cost model, a dynamic tool that incorporates the latest grounded assumptions and relevant costs for child care programs.
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