Thursday, February 21, 2008

Childcare > House Payment!!???

Its probably a fact of life that childcare CAN cost an arm, leg, or a small mortgage, but today's tour of a Daycare in Leawood had us shocked! We won't name it, but it rhymes with "Cram-The La-Cram", and you can probably guess from the city name too! Tuition (yes, I love that euphemism too.) costs about $1,700 (Yes, you read it right) per month for a newborn!!??


So the question becomes, what does $1,700 a month buy you in daycare services? Well, i will have to admit you get what you pay for... except in a more gold-plated way. Instead of a boring building with normal children rooms, you get Disneyland. Seriously, walk through the front door, and i swear you'll see a rainforest kampung to your right, a castle on a hill on your left, and a quiant row of cobblestoned french shoppes in front of you... Doubt it'll impress a newborn, but it sure impressed me! Almost expected Mickey Mouse to jump out from behind the bushes and tacke us!

So, we did some quick math, and kinda figured the following: Newborns sleeps on average 18 hrs a day, roughly 75% of the time. Realistically, she'll spend at most 10 hrs in daycare. So for 2.5 waking hrs a day X 20 business days = 50hrs @ 1,700. That comes out to $34/hr for each waking moment in daycare. For $34/hr she'd better be stimulated with all kinds of toys known to man. They should put a Babies R Us IN the Daycare, and give her all the toys that she can lay her hands on. Heck, she better not drop any Zzzzs over there at all, hate to pay all that $$ for someone to watch her sleep!!??


Then it occured to us that $1,700 is actually MORE than our current mortgage today! So, let me put it another way. For $1,700, we can afford a $280,000 house in KC!! Here's just a few selections in that price range. Definitely an upgrade from our little shack in West Olathe!
OR... maybe we just are out of our league Daycare pricing wise. :) Seriously, those kids over there look like they're LOVED to death over there. Those parents are probably getting every penny's worth of their money in attention. We'll keep looking, but Childcare > house Payment? , not our style...




6 comments:

Clarice said...

I have a solution for you... Move into a $450,000 house, and enrol in Creme de la Creme. That way, your house payment > day care tuition. problem solved!

Clarice said...

I have a solution for you... Move into a $450,000 house, and enrol in Creme de la Creme. That way, your house payment > day care tuition. problem solved!

Lynda Ng said...

haha...I love Clarice's comment!! but she is right....:P welcome to parenthood....:)

Tze & Yeesin said...

OR... Buy a 270,000 house, and give people free rent to live there and watch our kid... at least we'll own some real estate at the same time... ;)

Nick 10 said...

So many new post...yay :) Haven't read your blog in a while. Sorry i missed the baby shower, hope it went well! Good luck to YS in a few weeks...

Anonymous said...

For $1700 you can get a full time live in "Ah Ma" from say NYC who will babysit and do housework too.