Comparing the Cost of Daycare v. Nanny v. Au Pair

Home » au pair » Comparing the Cost of Daycare v. Nanny v. Au Pair

Comparing the Cost of Daycare v. Nanny v. Au Pair
By: Paige Goodwin, Contributor

While your child’s well-being and growth is the most important factor in choosing whether to use a daycare, nanny, or au pair a secondary factor that we all must consider is cost. We took a hard look at the cost for care in major metro areas to help you make the best financial decision for your family and provide a benchmark when comparing options.

Daycare Costs

The following prices are calculated averages based on both national chains and local centers in each city.  While some daycare centers offer discounts for the second child, many offer no more than 10%, or none at all.

City Weekly Price for Infant Care Weekly Price for Toddler (~2.5 years old) Care Combined Weekly Price for Two
Washington DC Area (including Bethesda, MD/Alexandria, VA) $425 – $575/wk $300 – $425/wk $725 – $1000/wk
New York City $425 – $700/wk $325 – $450/wk $750 – $1150/wk
Boston $400 – $625/wk $300 – $425/wk $700 – $1050/wk
Palm Beach, FL $225 – $300/wk $175 – $215/wk $400 – $515/wk
Houston, TX $290 – $305/wk $200 – $280/wk $490 – $585/wk
Chicago, IL $350 – $525/wk $225 – $350/wk $575 – $875/wk

Au Pair Costs

 Au pairs require not only food and room/board, but also car insurance and access to a car )or one of their own). Without factoring in those funds as they can vary greatly depending on the family, au pairs through programs require a $425 match fee, an annual program fee of about $8675 and a minimum stipend of generally $9996 per year, worked out in equal weekly payments.  For the average au pair, the costs are about $390 plus room, board and insurance.

Nanny Costs

When it comes to paying a nanny, there is not a set cost like there is for Au Pairs or local daycare centers. Many nannies accept a certain pay range, which largely depends on not only the standard cost of living in your area, but also your family’s needs as well as the experience of the caregiver.

First and foremost, nannies who hold education degrees or have extensive training courses are going to charge more than young nannies who may still be in school.

If you have a child with special needs or want your nanny to cook meals from scratch for your kids every day, expect to pay more than the baseline price as well.  Duties such as laundry for the children or watching pets will also cause your rates to go up.

Not included in these rates are compensation for gas/mileage if you have your nanny take your child places, which is considered standard.

 City  25 hours per week  35 hours per week 40 hours per week
Washington DC Area (including Bethesda, MD/Alexandria, VA) $312.50 – $400/wk for one child

$350 – $450/wk for 2 children

$437.50 – $560/wk for one child

$490 – $630/wk for 2 children

$500 – $640/wk for one child

$560 – $720/wk for 2 children

New York City 

 

$325 – $425/wk for one child

$362.50 – $462.50 for 2 children

$455 – $595/wk for one child

$507.50 – $647.50 for 2 children

$520 – $680/wk for one child

$580 – $740/wk for 2 children

Boston 

 

$325 – $425/wk for one child

$362.50 – $475 for 2 children

$455 – $595/wk for one child

$507.50 – $665 for 2 children

$520 – $680/wk for one child

$580 – $760/wk for 2 children

Palm Beach, FL

 

$300 – $387.50/wk for one child

$325 – $412.50 for 2 children

$420 – $542.50/wk for one child

$455 – $577.50 for 2 children

$480 – $620/wk for one child

$520 – $660 for 2 children

Houston, TX

 

$287 – $375/wk for one child

$312.50 – $412.50 for 2 children

$402.50 – $525/wk for one child

$437.50 – $577.50 for 2 children

$460 – $600/wk for one child

$500 – $660 for 2 children

Chicago, IL

 

$287 – $375/wk for one child

$312.50 – $412.50 for 2 children

$402.50 – $525/wk for one child

$437.50 – $577.50 for 2 children

$460 – $600/wk for one child

$500 – $660 for 2 children

Leave a Reply

Your email address will not be published. Required fields are marked *