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Childcare other than Daycare and Preschool
Reply to "Nanny Cost?"
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[quote=Anonymous]I agree DCUM is the worst for wildly inflated salaries. $30/hr is nuts unless you're basically hiring a full-on governess or have a ton of kids; no one I know pays that. Nannies are certainly more expensive than daycare, especially if you're talking one kid, but not necessarily crazily so considering the added benefits. Not having to do drop-off and pick-up is a huge benefit all on its own, IMO. Our nanny started when DD was 9 months old and we pay $18/hr + employer taxes, so about $40K/yr. She gets 4 weeks guaranteed vacation, but we pick the weeks (and it usually turns out to be more like 6-8 because we travel a lot). You might need to pay somewhat more depending on how much work she'd be doing with your older children, although you might find a nanny willing to take a lower rate for the hour she's with the baby and then the higher rate when the other two are with her (we used to be in a nanny share that had this financial arrangement).[/quote]
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