re: The cost of daycare is ridiculous these days

I have two going in at once while the ole' lady goes back to school. Estimates for full time day care are around 1600-2000 dollars a month.

Solution: hire nanny

I pay $714 per kid per month right now

so 2 kids is costing me $1428, a freaking mortgage payment

for a lot of people, it makes sense for one of the parents not to work

Imagine paying that and your kid comes home and says one of the employees ate their cheese cubes.

The money is one thing, the waiting lists (at least in BTR) are a completely different ball game.

We literally had to put our child on the waiting list before birth. And you still may not get into your preferred daycare.

Luckily we are in a somewhat good one now that is near both of our offices. However, it wasn't our first, second or even third choice. (and it's $750 a month) Be sure you are maxing out your HSA for daycare expenses.

quote:

---

Am I to believe that daycare should cost more than freaking college?

---

I bet you pay half of the poor souls in NYC pay. Not to mention you pay probably nothing in property/state/city taxes.

I know people that cleared $30k+ just in daycare, plus another $10k just in property.

If I were you I'd be happy it's not higher.

we looked into this option. However many of them wanted us to hire them via W2 from not 1099. Did not want to have to play unemployment and such

quote:

---

It's a business bro, they are leveraging the basic principles of economics just like a business should. Some win, some lose.

---

We don't all pay the same though.
I may go in every two weeks and drop $400, while some other parent goes in and spends $200 every two weeks, at the same school, in the same class as my kid.

$1000/mt is about what you will pay for something decent uptown. Does not include diapers and formula.

reading some of the prices of day care centers, I guess I feel better about what we pay per month for my son. We pay 125 per week here in Middle GA. Granted we were able to set up a health and child care spending account through my wife's employer so it does take a bit of the sting out of it.

my buddy has a 5 year old and twin 3 year olds. He hired an aupare (spelling?) from Vietnam. She has her own room and is on call 24/7.

told me it's 500/mo cheaper than finding a daycare who only watches them during the work week.