Minimum Wage and Average Daycare Prices

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  • bubblegum
    DS
    • Nov 2014
    • 41

    Minimum Wage and Average Daycare Prices

    How much is minimum wage in your state and how much do you charge per hour (on average for all ages)?
    I've read that the average is around 30% of minimum wage.
    I'm trying to figure out how much to up my hourly charge when the minimum wage goes up.
  • Leigh
    Daycare.com Member
    • Apr 2013
    • 3814

    #2
    Never heard that before. For my area, I think that's VERY accurate. I charge 25 cents per hour more than 30% of minimum wage for my state (I charge weekly, but it would break down to that hourly).

    Comment

    • Cat Herder
      Advanced Daycare.com Member
      • Dec 2010
      • 13744

      #3
      I never heard of that either. :confused:

      I just calculated what I needed to earn to make this worth it.
      - Unless otherwise stated, all my posts are personal opinion and worth what you paid for them.

      Comment

      • NillaWafers
        Daycare.com Member
        • Oct 2014
        • 593

        #4
        Definitely more than 30%, but I live in LA where housing costs like 50% of your wage. 10 dollars is now minimum wage here too. At lowest I charge 150/wk for a preschooler (40 more for a kid in diapers, and 80 more for an infant).

        Comment

        • Cat Herder
          Advanced Daycare.com Member
          • Dec 2010
          • 13744

          #5
          Originally posted by NillaWafers
          10 dollars is now minimum wage here
          Ours is $5.15. We are supposed to be mandated to use the federal $7.25, but the list of exceptions is quite creative (ex. $4.25 if you are under 20 years of age :confused .
          - Unless otherwise stated, all my posts are personal opinion and worth what you paid for them.

          Comment

          • Blackcat31
            • Oct 2010
            • 36124

            #6
            Originally posted by Cat Herder
            I never heard of that either. :confused:

            I just calculated what I needed to earn to make this worth it.
            Same here.

            Minimum wage in MN is listed at $9.00 per/hour but can be anywhere between $7.25 and $10.00 depending on what type of job (or "exceptions" apply).

            I have NO idea how much any of my clients earn or if they work in minimum wage jobs or not. I ONLY care about what I need to earn each week/month and set my rates accordingly.

            I've never set or raised or lowered my rates based on what the minimum or payable wage is in my area.

            I'm not sure that is an accurate or reliable way to do it.

            Comment

            • Cat Herder
              Advanced Daycare.com Member
              • Dec 2010
              • 13744

              #7
              Originally posted by Blackcat31
              I'm not sure that is an accurate or reliable way to do it.
              Agreed. I could not even buy the food for that number.... Zero chance I could meet minimum "Quality" standards.

              Yikes.

              Hope that will not be the new trend.

              Did you notice that childcare providers are one of the exceptions to fair pay as well.
              - Unless otherwise stated, all my posts are personal opinion and worth what you paid for them.

              Comment

              • Silly Songs
                Daycare.com Member
                • Jun 2014
                • 705

                #8
                Cat Herder, do you mean min wage is 5 something an hour in your state ? That's insane ! Are there any employers who only pay that ?

                Comment

                • Cat Herder
                  Advanced Daycare.com Member
                  • Dec 2010
                  • 13744

                  #9
                  Originally posted by Silly Songs
                  Cat Herder, do you mean min wage is 5 something an hour in your state ? That's insane ! Are there any employers who only pay that ?
                  Absolutely!! "Service" industry, agricultural industry (much broader than you think) public service, "informal" employers (us), seasonal, subcontractors,. etc....

                  If they can show you are a full time student, in addition to working full time, they only have to pay you 85% of minimum wage as well.

                  It hit my DD pretty hard.
                  - Unless otherwise stated, all my posts are personal opinion and worth what you paid for them.

                  Comment

                  • Blackcat31
                    • Oct 2010
                    • 36124

                    #10
                    Originally posted by Silly Songs
                    Cat Herder, do you mean min wage is 5 something an hour in your state ? That's insane ! Are there any employers who only pay that ?
                    This chart shows state minimum wage rates in effect as of Jan. 1, 2021, as well as future enacted increases.


                    Check out Montana and Oklahoma ($2.00)

                    Comment

                    • Cat Herder
                      Advanced Daycare.com Member
                      • Dec 2010
                      • 13744

                      #11
                      Originally posted by Blackcat31
                      http://www.ncsl.org/research/labor-a...age-chart.aspx

                      Check out Montana and Oklahoma ($2.00)
                      I know, right

                      I sent a different chart to your FB pm. (easier than here... play dough out and all.... :: )
                      - Unless otherwise stated, all my posts are personal opinion and worth what you paid for them.

                      Comment

                      • Sunchimes
                        Daycare.com Member
                        • Nov 2011
                        • 1847

                        #12
                        You are talking about 30% per child right, not for the group. If so, my normal rate is slightly below that. I have a higher rate for those needing more than 8.5 hours. That rate is a bit over 30%. I am higher than the centers in my town.

                        Comment

                        • bubblegum
                          DS
                          • Nov 2014
                          • 41

                          #13
                          For instance:
                          Minimum wage is 9.25, I just happen to charge $3/hour. If I watch the max I allow I'm at $17/hour. If minimum wage goes up to $13.75 I will charge more... just trying to figure it out

                          Comment

                          • Cat Herder
                            Advanced Daycare.com Member
                            • Dec 2010
                            • 13744

                            #14
                            Originally posted by bubblegum
                            For instance:
                            Minimum wage is 9.25, I just happen to charge $3/hour. If I watch the max I allow I'm at $17/hour. If minimum wage goes up to $13.75 I will charge more... just trying to figure it out
                            OK, I see what you did there.

                            I immediately went to fed min wage = $290.wk (published on the workers rights poster ) 30% of that as tuition = me out of business. ::::

                            Maybe there is something to this. Are they teaching this in training, now?
                            - Unless otherwise stated, all my posts are personal opinion and worth what you paid for them.

                            Comment

                            • Unregistered

                              #15
                              Originally posted by Cat Herder
                              OK, I see what you did there.

                              I immediately went to fed min wage = $290.wk (published on the workers rights poster ) 30% of that as tuition = me out of business. ::::

                              Maybe there is something to this. Are they teaching this in training, now?
                              Not that I know of. I've just been thinking about it. I saw a news article today and wanted to make a game plan ☺

                              Comment

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