- 2 years ago
- Wedding: March 2014 - Chicago, IL
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!
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.
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.
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).
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
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.
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
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.
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.
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.