Reply to How much do you think we should pay our live in nanny

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Reply to "How much do you think we should pay our live in nanny - poll"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You have to separate the rent from the nanny in your mind.   The amount you could rent the apartment for isn’t necessarily what the nanny would choose and afford to pay if she picked her own place.  Figure out how much you would pay a live out nanny:  let’s say $22 per hour because it is not full time - maybe more like $23-24.  (Part time pays more per hour but less overall).   Then figure out what rent you could get.   The best thing economically for you may be to rent the apartment to someone else, and pay nanny separately.

BUT maybe you eat some of the rent because you love your nanny, and it is convenient for her to be right there.  Maybe compare rent tp a 2 BR in a cheaper area still in commuting distance. [/quote]

Thanks… I think she would not rent in this area and can probably find something equivalent for $1,000 or less further away. We are currently paying her almost 3,000 (Which is almost $25 per hour), but this includes all taxes (not health insurance). She does not get $25… I would guess it’s probably closer to $18-20… not sure.

When you say $22/23 do you mean net or including taxes?[/quote]

We always talk in terms of gross.  You're not going to find a live-out nanny for 10 hours per week at even $25/hour in DC...[/quote]

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