Eleven million children younger than age five are in some form of child care in the United States. The "Parents and the High Cost of Child Care: 2014 Report" summarizes the cost of child care across the country, examines the importance of child care as a workforce support and as an early learning program, and explores the effect of high costs on families' child care options. This year's report continues to expose child care as one of the most significant expenses in a family budget, often exceeding the cost of housing, college tuition, transportation or food. Nine tabular appendices are included: (1) 2013 Average Annual Cost of Full-Time Child Care by State; (2) 2013 Ranking of Least-Affordable Child Care for Center-Based Infant Care; (3) 2013 Ranking of Least-Affordable Child Care for Center-Based Care for Four-Year-Old Child; (4) 2013 Ranking of Least-Affordable Child Care for Center-Based School-Aged Child Care; (5) 2013 Average Child Care Center Costs and Median Housing Costs by State; (6) Average Annual Cost of Full-Time Child Care in a Center and Public College Tuition and Fees by State; (7) 2013 Ranking of Affordability of Center Care for Single Mothers; (8) 2013 Average Costs for Center-Based Care for an Infant and Two Children Compared to Varying Poverty Levels; and (9) 2013 Average Costs for Center-Based Care for a Four-Year-Old Compared to Varying Poverty Levels. A list of resources and a glossary are also provided. [For the 2013 report, see ED559908.]