How much is daycare where you live and how do you budget for it?

posted 2 years ago in TTC
  • poll: How much do you pay for daycare per month (per child)?

    0-1000

    1001-2000

    2001-3000

    3000+

  • Post # 47
    Member
    423 posts
    Helper bee

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    DrAtkins :  I also work in the longwood area and used to live in an apartment on the green line, though further than you, near woodland station. I moved further out to the suburbs to buy a house a few months ago when our now 18-month old son started outgrowing our 1 bedroom place where he lived in a walk-in closet 🙂 and I now take the commuter rail. I would be happy to PM you more details on towns since you’re new to boston. My commute time has actually gone down, though distance-wise I’m way further. It’s now 45 minutes compared to an hour and I’m way further out. I totally get wanting to be close to work, especially if you have to go in/out at odd hours, but just throwing it out there. Yes, the monthly commuter rail pass is more expensive, but it’s paritally subsidized through work and my parking is cheaper than at woodland.  

    I think the nanny-share idea is great and you’re more likely to find that kind of arrangement in the city, where there are more people looking for child care options. I hear you on the baby fever thing. I really want a second baby but I just finished my PhD and started a new job less than 6 months ago, so, like you, I guess focusing on work is the priority. Wishing you luck!

    Post # 48
    Member
    847 posts
    Busy bee
    • Wedding: May 2018

    European Bee here and going wow and OMG…. it’s free for us. Parents get a year off being paid up to 80% of their previous salary (ist capped somewhere though)

    I am happy to be CFBC when I read this. I am sometimes curious how different the US is and read these threads that are actually not for me. 

    Good luck

    Post # 49
    Member
    193 posts
    Blushing bee
    • Wedding: May 2012

    New Hampshire*

    Post # 50
    Member
    843 posts
    Busy bee

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    MiaSuperstar :  sigh, so I’ve heard. Our friends living in Sweden temporarily are having a wonderful experience with daycare. 

    I recall a recent thread where someone brought up how the US bees seemed to make far more money. Well, with daycare as expensive as it is, healthcare as expensive as it is, and college as insanely expensive as it is, I guess we have to just to stay afloat. I’m a capitalist, but, I simply don’t get the incredibly widespread opposition in the US to a solid safety net, equal access to quality education, or decent parental leave. 

     

     

    Post # 51
    Member
    1078 posts
    Bumble bee

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    Sansa85 :  I was about to say those who make $600,000 a year don’t need to be commenting on “how do you afford it” posts!!! lol

    Post # 52
    Member
    1979 posts
    Buzzing bee
    • Wedding: October 2013

    We pay $760 a mont for my 3 year old. He just started at this place. His old place would have been $1000 for full time. 

    Both are in home preschools but the cheaper one seem to have better educators, are more organized, and they provide meals. So it’s a much better place. 

    Its about 8% of our combined income. (I’m currently working part time) 

    Our mortgage is $2300 (26% of combined income). 

    Post # 53
    Member
    1893 posts
    Buzzing bee
    • Wedding: September 2017 - Pearson Convention Centre

    We live in Toronto Ontario Canada and the average daycare cost is $2500 a month for an infant. I am only eight weeks pregnant but we have decided that I would be a stay at home mom for six years, then they would be in school all day and my in laws and my parents will retire I would take them to school and my parents and in laws will share pick up and I will be home an hour later

    Post # 54
    Member
    379 posts
    Helper bee
    • Wedding: July 2018

    My answer is a little skewed since my youngest is the only one we have daycare for and it’s not really daycare. We have a nanny that comes in the morning (we leave before the local daycares open) and takes them to school, then after school my oldest walks home and my youngest goes to an after school program at a a taekwondo place so it is after school care and taekwondo classes. So right now we have $650 in childcare costs. 

    Newborns in the area are I believe about $200 to $250 a week. 

    Post # 55
    Member
    9841 posts
    Buzzing Beekeeper
    • Wedding: August 2012

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    dgirl715 :  Haha I’m glad I’m not the only one. Like if $12000 is only .5% of your income pretty sure you don’t have issues affording it…lol.

    Post # 56
    Member
    5430 posts
    Bee Keeper
    • Wedding: October 2017

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    Westwood :  

    I caught it too late to edit it lol. Now it looks like I was flaunting when really I just made an error.

    We struggled when I first went back from maternity leave and we had to choose which bills to pay and which we could hold off on. Daycare was always number one. No matter what, daycare had to be paid.

    I don’t ever want to go back to that, it was an embarrassing and terrifying time for us 

    Post # 57
    Member
    906 posts
    Busy bee
    • Wedding: August 2014

    We live a bit over an hour from Toronto, Canada and full-time infant care at our centre is ~1500/mo, toddler ~1200/mo, pre-school ~1000/mo.

    Centre care here is definitely more expensive (a few hundred a month) than a home daycare, but for us, totally worthwhile because of the extra flexibility and perks.  Friends of mine use a home daycare and must take vacation when their care provider takes vacation and time off when she is sick – this wouldn’t work for us.  The centre (one of 8 run by the same company) has a ton of back-up employees they can call in, and the drop-off and pick-up hours are super flexible.

    Sounds like your best option is to research centres or care providers that are within a reasonable distance from work and move near to the ones you like most, once your lease is up.  Or the nanny sharing route perhaps, though I know nothing about that. 

    Post # 58
    Member
    9131 posts
    Buzzing Beekeeper

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    DrAtkins :  it depends on what you are looking for in the place, but I went on Craigslist this morning and found plenty of 2-bed options $2500 or less in the Brookline and Chestnut Hill areas. They aren’t the fanciest by any means, but they would get the job done and save some money. I last rented 5 years ago, but at that time we paid $1,625 for a 2-bed in Lower Allston and it included parking for 2 cars. I know lots of the new “luxury” buildings are having trouble renting so some are offering a few months free rent to get you in the door and that could bring the average monthly down as well.

    Having a family in Boston is expensive, and unless you’re making $$$$$$ and have no debt it’s not likely that you can be in the city with kids. Quite honestly we’re on track to gross about $180k this year and the way we afforded a kid was to (1) live 10 miles outside of downtown (2) buy a serious fixer upper before the market recovered (which was half planning half dumb luck)  (3) be a one car family and (4) not have any debt outside of our mortgage. We ran the numbers the other day on how we’ll afford a second kid because we will also need a larger car at that point and we can do it but we’re going to have a few lean years of only saving a couple hundred dollars a month. 

    Post # 59
    Member
    1519 posts
    Bumble bee
    • Wedding: January 2015

    I think you also need to consider the age of the child. Infants are the most expensive. The ratio is lower and they often need more one-on-one care. Also, keep in mind that as your child gets older, the price will decrease per month. But I’m assuming that you are thinking of infants since you are considering TTC soon.

    We just put our 8-month-old in child care. It is $71/day for part-time or $61/day for full time. So approximately $1300/month. It’s actually more expensive than our rent. We wouldn’t have considered it unless I had gotten a higher paying job which is why I went back to work early. 

    I think for us we just factor it into our monthly costs and scrimp and save.

    I don’t if this helps at all because it doesn’t change the bottom line number. But keep in mind that child care centres have a lot of overhead costs (rent, utilities, educational supplies, food, wages, licenses). Generally, they don’t make huge profits and the educators are not paid high wages. So, yes it is a high cost per month up front, but it’s likely not going towards a huge corporation with huge profits. You are likely supporting a small business and supporting a female-centred field. 

    Post # 60
    Member
    9527 posts
    Buzzing Beekeeper

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    DrAtkins :  Thanks so much, you’re the best 😘 It’ll be an adjustment for sure, but I am looking forward to getting part of my own life back. Good luck no matter what you guys decide to do!!! Keep us all posted 🤗

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