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Reply to "Nanny salary as a percentage our household income - gross"
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[quote=Anonymous][quote=Anonymous]Sometimes when I see the nanny salaries discussed on this site I wonder how families afford everything. Combined, my wife and I gross ~250K. We're looking at nannies at $15/hr for 50 hours/week which works out to 39K/year. So that's about 16% of our gross income going to childcare. Is this normal? After taxes, 401K contributions and all of our other expenses we're almost tapped out every month. How is everyone affording this. Are we just too poor to hire a nanny?[/quote] Correct, hardly anything left over.. Consider daycare or a nanny share, both are good options and less costly.[/quote]
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