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Childcare other than Daycare and Preschool
Reply to "How much does your nanny cost annually? "
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[quote=Anonymous][quote=Anonymous]This depends a lot on how much you’re paying your nanny and whether you’re paying them on the books. Ours in DC is paid on the books and works 45 hours/week. She makes $32/hour, plus time and a half for 5 hours. When you add in employer taxes, insurance, and payroll service fees, it’s over $80k/year. [/quote] DP. But to keep the same during-the-week (not weekends) nanny we also paid for health benefits and 10 days vacation time in addition to all federal and school holidays off (so the something like 30 days off during school year and all summer federal holidays like July 4 and Juneteenth- so all in she worked about 220 days/year). It was expensive (we did all taxes too), but we wanted to keep same nanny when little and then stopped at K. I looked at it as cost to keep my same job so I could keep moving up v stopping work and then having to climb up again. So even if Nanny cost more than salary at time, set me up better for long run. YMMV.[/quote]
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