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Childcare other than Daycare and Preschool
Reply to "Is Nanny Cheaper Than Daycare for Two Kids?"
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[quote=Anonymous]It’s not cheaper but the price increase is small enough that it’s worth it. All in (taxes, workers comp, everything), we pay $5000 a month for our nanny (she makes $25 per hour). The cheapest daycare for an infant we could find is $2300. For a toddler, $1900. So that would be $4200. It’s worth the extra money. So much better. The math lands on its head if you need overtime though. That’s only 40 hours a week for the nanny. Daycares have longer hours and nannies get time and a half for all hours over 40 a week. [/quote]
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