2 ms·

Wow, only $700/month. We pay $1600 for one kid and that's relatively affordable for daycare in our area.

by loeg 3y ago

betaby 3y ago
So about 10$/hour. In you area can you a find a person willing to babysit for that money? Each time I hear 1-3k$ for kindergarten it sounds expensive.
- ajmurmann 3y ago
  The kindergarten teacher also watches much more than one child though. I do wonder how much money typically goes towards real estate cost and insurance.
- ajsnigrutin 3y ago
  And taylor swift tickets cost $100 (made up number) for two hours of music... try to get someone to sing for $50/h. Oh wait, there are multiple concert visitors, and a kindergarden group has multiple kids per carer there.
  - cableshaft 3y ago
    > And taylor swift tickets cost $100 (made up number) for two hours of music Yes, a very made up number, Taylor Swift tickets for this year's tour were between $50 on the low end and $500 on the high end (plus fees) for the initial sale[1], and averaged $1600 in the resale market, with some tickets for that were close to the stage selling for up to $6300[2]. [1]: https://stylecaster.com/entertainment/music/1624301/how-much-taylor-swift-tickets/ https://stylecaster.com/entertainment/music/1624301/how-much... [2]: https://www.cbsnews.com/news/taylor-swift-eras-tour-tickets-resale-for-more-than-10-times-previous-tours/ https://www.cbsnews.com/news/taylor-swift-eras-tour-tickets-...
- userinanother 3y ago
  Not possible to do legally. That’s below minimum wage age way below after you do employer taxes
- loeg 3y ago
  The nanny was more like $5000/mo. Daycare is a lot less expensive.
  - bradfa 3y ago
    It depends on how many kids you have. If you have 4 kids all needing full-day daycare, or even partial day to wrap around the school hours, it can often be less expensive AND significantly more convenient to just hire a nanny. Wrap around care is not generally much cheaper than full-day daycare from what I've seen. $5000/mo with 4 kids is only $1250/mo/kid or only about $300/week/kid. Plus you don't have to go drop off or pick up your kids at a separate facility, as usually the nanny comes to the children. As a child care provider working as a nanny you'd make $60k/year. Can you make $60k/year working at a child care facility?
    - loeg 3y ago
      I only have the one kid and the $5000/mo figure reflects that -- nannies juggling more kids charge more. Yes, the math is different for larger families.
nonethewiser 3y ago
The underlying report wasnt crystal clear on this, but I think it includes ALL households (including no kids). https://institute.bankofamerica.com/content/dam/bank-of-america-institute/economic-insights/rising-childcare-costs.pdf https://institute.bankofamerica.com/content/dam/bank-of-amer...
- loeg 3y ago
  Doesn't it seem too low to include all households? 60% of households don't have any kids and many households with older kids will also have no childcare costs.
j7ake 3y ago
Bay Area is 2500 a month
- camel_gopher 3y ago
  At least
- dalyons 3y ago
  That seems cheap, I’ve heard over 3k from many people
- loeg 3y ago
  Most places in Seattle are $2500/mo or higher, too. We got really lucky.
MisterBastahrd 3y ago
I was paying $190 a week in western Fort Worth for a school aftercare program for one child.

Wow, only $700/month. We pay $1600 for one kid and that's relatively affordable for daycare in our area.

by loeg 3y ago

Wow, only $700/month. We pay $1600 for one kid and that's relatively affordable for daycare in our area.

So about 10$/hour. In you area can you a find a person willing to babysit for that money? Each time I hear 1-3k$ for kindergarten it sounds expensive.

ajmurmann 3y ago
The kindergarten teacher also watches much more than one child though. I do wonder how much money typically goes towards real estate cost and insurance.
ajsnigrutin 3y ago
And taylor swift tickets cost $100 (made up number) for two hours of music... try to get someone to sing for $50/h. Oh wait, there are multiple concert visitors, and a kindergarden group has multiple kids per carer there.
- cableshaft 3y ago
  > And taylor swift tickets cost $100 (made up number) for two hours of music Yes, a very made up number, Taylor Swift tickets for this year's tour were between $50 on the low end and $500 on the high end (plus fees) for the initial sale[1], and averaged $1600 in the resale market, with some tickets for that were close to the stage selling for up to $6300[2]. [1]: https://stylecaster.com/entertainment/music/1624301/how-much-taylor-swift-tickets/ https://stylecaster.com/entertainment/music/1624301/how-much... [2]: https://www.cbsnews.com/news/taylor-swift-eras-tour-tickets-resale-for-more-than-10-times-previous-tours/ https://www.cbsnews.com/news/taylor-swift-eras-tour-tickets-...
userinanother 3y ago
Not possible to do legally. That’s below minimum wage age way below after you do employer taxes
loeg 3y ago
The nanny was more like $5000/mo. Daycare is a lot less expensive.
- bradfa 3y ago
  It depends on how many kids you have. If you have 4 kids all needing full-day daycare, or even partial day to wrap around the school hours, it can often be less expensive AND significantly more convenient to just hire a nanny. Wrap around care is not generally much cheaper than full-day daycare from what I've seen. $5000/mo with 4 kids is only $1250/mo/kid or only about $300/week/kid. Plus you don't have to go drop off or pick up your kids at a separate facility, as usually the nanny comes to the children. As a child care provider working as a nanny you'd make $60k/year. Can you make $60k/year working at a child care facility?
  - loeg 3y ago
    I only have the one kid and the $5000/mo figure reflects that -- nannies juggling more kids charge more. Yes, the math is different for larger families.

nonethewiser 3y ago

The underlying report wasnt crystal clear on this, but I think it includes ALL households (including no kids). https://institute.bankofamerica.com/content/dam/bank-of-america-institute/economic-insights/rising-childcare-costs.pdf https://institute.bankofamerica.com/content/dam/bank-of-amer...

loeg 3y ago
Doesn't it seem too low to include all households? 60% of households don't have any kids and many households with older kids will also have no childcare costs.

j7ake 3y ago

Bay Area is 2500 a month

camel_gopher 3y ago
At least
dalyons 3y ago
That seems cheap, I’ve heard over 3k from many people
loeg 3y ago
Most places in Seattle are $2500/mo or higher, too. We got really lucky.

MisterBastahrd 3y ago

I was paying $190 a week in western Fort Worth for a school aftercare program for one child.