Childcare costs in Nashville, Tennessee, have been on the rise in recent years. As more people flock to this popular city, daycare spaces have become rather scarce. Prices have increased as a result, making it difficult to find and afford the right level of care. Parents do have a number of different childcare arrangements to choose from, however, potentially providing the flexibility they need.
Daycare is the most popular childcare option for children up to age 12. These childcare providers will also include infants who need regular bottle feedings and diaper changes.
For children who are potty trained, parents can expect to pay around $7,000 per year. Costs are higher for infants who need even more care and attention throughout the day. Additional fees are often tacked on if the child has to stay in the center for more than nine hours a day.
In order to secure a spot for their child in popular daycare programs, parents often have to sign up months in advance. Many join the waiting list upon discovering they are pregnant, as it can take the better part of a year for a spot to open up.
If parents cannot get their child into a daycare program, they can consider hiring a live-in nanny instead. However, this is only possible if their income will cover the additional Nashville childcare costs for this option.
On average, nannies charge around $27,000 per year to watch one child up to eight hours a day. They are often a bit more flexible than daycare centers, allowing for additional hours here and there without additional fees. If late nights are the norm, however, their rate will likely go up to cover the extra time.
In addition to their base rate, live-in nannies receive free housing and utilities, increasing what parents pay each month for the care of their child. The trade off is their child receives one-on-one attention from their caregiver each and every day.
If parents want to balance expenses with quality of care, many choose to sign up for a nanny share. This option spreads out the Nashville childcare costs across several families, keeping the daily rate in the affordable range. The kids still enjoy the benefits of having smaller group sizes, allowing them to receive one-on-one attention throughout the day.
Many nannies charge about $14 per hour, split between multiple families. If they allow drop-in service, then they may issue a per-child rate far lower than what daycares charge. With this arrangement, kids benefit from spending time with their peers, while their parents save money on annual childcare costs.
When parents just need a night out from time to time, they can bring in a babysitter to watch their kids. Many babysitters charge an hourly or flat rate for their services, depending on the number of kids in the household. On average, their hourly rate is $13 with a couple dollars more added to the total for households with more than three children.
With an understanding of the average childcare costs in Nashville, Tennessee, parents can create a plan that works with their budget. Then, they can acquire the highest quality of care for their children, confident they are making the right choice for their family.
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