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Reply to "au pair vs. nanny share vs. in-home daycare cost comparison"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Above figures sound about right to me on AP: $18,500 on official costs $2,600 on food ($50 per week) $1200 on phone ($100 per month) You are already at $22,300 annually plus transporation costs (car insurance or metro/uber fares), classes, utilities, and not to mention that you are expected to take her on trips and cultural excursions, etc. it adds up a lot, and if you are using this person for childcare for 40-45 hrs per week and you give no frills she won’t be happy long comparing herself to friends with school-aged kids for 20 hours a week and a personal car, etc. Home Day cares are relatively inexpensive but as tou have already found the issue is finding a slot. For nanny shares, plan to pay around $10 per hour minimum and factor in employer taxes as well.[/quote] Thanks, this is very helpful. We're looking for a nanny with some significant experience so we've been seeing closer to $30 for 2 kids (or $15/household in share). We're discussing it but wondering if an au pair is more suitable from both a cost and convenience perspective. SO much to consider but this is a good start - thanks! [/quote] But a nanny with significant experience isn’t really comparable to the pool of APs. You need to decide whether you want to spring for the professional. FWIW, while I am sure the “revolving door nanny” poster will pop in to refute this, lots of families do well paying for the more expensive nanny option for a set period (say the first 18 months), then move to AP or daycare. That gives baby an experienced childcare provider for the early months but it gives your budget an end daye. ;)[/quote] It sounds like OP needs really flexible hours, though, and needs a nanny share, not her own nanny. That kind of flexibility is easier with an AP than with a nanny who will likely have set hours and need to stick to those hours for another family as well.[/quote] I agree, but a nanny with a lot of experience is not an apples-to-apples bugetary comparison to an AP. A 25yo nanny on her first try at running a nanny share is more equivalent and OP could pay closer to $10 vs $15. And less flexibility but also minus the hassle of being host mom.[/quote]
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