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 les

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?