cost of nanny vs two children in daycare?

so in oct I will have 2 and will need child care, currently ds is in daycare and for the 2 to go to daycare its 473 per week, is a nanny around the same or less, I feel like it might be more convenient to have a nanny? my son will be 5 9 months after the baby is born ( well after my mat leave) so we would only be paying for 2 for 9 months and then the baby will go to daycare definitely. what would you do?

Re: cost of nanny vs two children in daycare?

Being honest, it will be more than what you are paying right now, on the flip side, i love having a nanny-makes it easy for me to come and go.. I can tell you i am paying close to 600 a week for one child-5 months..

It is not cheap but I am on my 3rd nanny, lol, so i realized, you really get what you pay for and i had a few issues. I am guessing it will cost you around the same for a 40 hour week and maybe 2? I dont know..i think they charge around the same for up to 2 or 3 kids..prob depends on the nanny but hold to what you want to pay and I am sure you will find someone...you might find someone for around 500-550 ..try the agencies(there is a large fee though) or nannies4hire.com
I ended up going through an agency because i am really particular. I didnt do the best job interviewing..i think i am too nice and learned my lesson there...
Good Luck!

Re: cost of nanny vs two children in daycare?

I am in the same boat as you are. I have one now and one on the way. I used to do daycare but then switched to a nanny. Day care was much cheaper but the convenience of a nanny is terrific. Regarding a nanny, I definitely agree that you get what you pay for. If you want 40 hours/week I would expect to pay at least $500. I am terrified of asking my nanny what she will want for two kids. It's obviously definitely more work so I expect to pay more, but no way can I pay double so I may have to go back to daycare out of necessity.