Nannies are approximately 2 times expensive than daycare as:
Other than above mentioned monetary flip side, you will have a compromise on non-tangible benefits that only daycare can provide your child. A good daycare gives your child an opportunity to socialize with peers and develop a personality to help conduct him/herself confidently.
In my personal experience child raised with nanny and child raised in daycare have a lot of difference when compared in terms of personality traits like dominance, social boldness, sensitivity, rule consciousness, etc. Often a daycare child scores ahead in a positive direction than a child with nanny upbringing.
It’s not about the quality of nanny you hired, it is about the exposure that the child misses with a nanny. In a daycare, the child communicates with a peer group to express its emotions and compete with them for the toys, attention of caretaker, priority over other and whatnot. You cannot teach a young child, you need to induce him/her in that competitive environment, it comes naturally.
So overall, Yes Nanny is not a cheaper option for daycare.
I am co-founder of a leading daycare and creche in Delhi NCR region, Introducing my business is not appropriate here, as that will make this blog of mine more of an advertisement story. But a quick and shot intro of mine should suffice the purpose.
I am fairly educated professional with India’s premier education institute and had worked with some of the top corporates in India. I started a daycare with my wife some 10 years back, and had a wonderful time since then.