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Childcare other than Daycare and Preschool
Reply to "Nanny Cost?"
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[quote=Anonymous][quote=Anonymous]All in, you will be out of pocket between $65 an $70K per year.[/quote] This is the reality. We had a nanny for two infants (twins), legal, all payroll taxes paid, $20/hr starting salary, Montgomery County. We needed 50 hours a week to keep to cover our full time work hours and commute. Over 40 hours is time and a half in Montgomery County (i.e $30/hour). Plus two weeks paid vacation and sick/emergency days. Every reputable and experienced nanny in this area expects one extra week of salary at the holidays. There are other extras, putting her on the car insurance if you want to drive, paying payroll service or account etc. It is expensive. I had no luck searching all the usual venues to find a reliable nanny that you would trust with a baby for less. We did it for three years before moving to full time preschool.[/quote]
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