Going rates for a nanny are around $25/hour, which comes to $50K/year for a standard 2000-hour work-year. And yes, nanny-shares are considered a "budget" optio

Going rates for a nanny are around $25/hour, which comes to $50K/year for a standard 2000-hour work-year. And yes, nanny-shares are considered a "budget" option in the Bay Area, for when you can't afford a good preschool or can't get off the waitlist. Unfortunately the quality tends to be more variable...I've heard some horror stories about irresponsible nannies. There isn't a vetting & licensing process the way that there is for institutional childcare.