Childcare Expenses: Value Versus Cost

  • June 27, 2019 /
Teacher helping child

If you’re a parent in Long Island looking for the best investment when it comes to childcare, we’re here to help. At Habitots, we focus on creating an environment where your child is not only taken care of, but also has access to enrichment, education, socialization, and more.

We understand that there are many options on your list when it comes to childcare. From babysitters and in-home nannies to daycare, you might find this choice is a tough one to make. How do you know what the best choice for your child is? We’re tackling that question today.

Cost and value are two very different things. While cost-effective options may seem like the best choice, it’s important to not overlook the value that childcare can add to your child’s upbringing as they discover themselves and the world around them.

Costs of Childcare

While childcare is essential, it can also be expensive. Many families find themselves struggling to afford childcare that is of the best quality and choice for their child. In a Care.com survey, they found that one in three families spend 20% or more of their annual household income on childcare. In Long Island, the median household income is right around $100,000. In fact, New York is ranked 4th out of all 50 states for most expensive infant care. These facts may hit close to home for Long Island parents, as this means many families may find themselves spending $20,000 or more on childcare alone.

This is no small investment, which is why it’s so important to choose the option that meets your child and family’s needs while also bringing value to the table through what it can provide. While every family’s budget will look different based on a multitude of factors, this cost can leave you wondering if childcare outside of the home is really worth it?

Childcare costs can fluctuate greatly depending on the childcare choice. Some caretakers charge hourly or weekly, whereas preschools and centers typically charge tuition for the months your child will attend. The biggest cost difference comes into play when looking at nannies versus childcare centers. In the same Care.com survey mentioned above, the weekly rate for a nanny in 2017 was $580, whereas the weekly rate for a childcare center was $211.

Value of Childcare

When looking at how to get the most value out of your investment, it’s important to look at what each type of childcare brings to the table. Nannies or babysitters can lack many of the aspects that a structured and positive childcare center can bring into your child’s life. With options that keep your child in the home, you may find they lack the social skills gained by being around a variety of children. You may find their confidence is harder to build up as they are usually only exposed to familiar environments. It’s factors like these to consider when looking beyond the cost of childcare and into the value they provide.

You want to get the most value out of the amount you’re paying. You want the product that’s delivered, the childcare, to be valuable and worthwhile to your child’s future. We get that.

Value of Habitots

At Habitots, our staff and curriculum are structured in a way that gives your child both familiarity and adventure. We are both a preschool and a childcare center, focused on consistently exceeding your expectations. By interacting with staff that they trust, your child will feel comfortable and well taken care of, allowing them to focus on enjoying their time spent with us. Our staff are more than just staff members…they’re educators, caretakers, and engaged with your child. They build relationships to make your child’s Habitots experience one full of value.

Through meeting children from all different backgrounds, your child will be exposed to new friends and opportunities for socialization. They’ll learn the necessary skills for their future schooling and lives such as conflict resolution and communication. Socialization is a key part of the value that Habitots offers. Getting your child out into a new environment can be a necessary component to their growth.

We’re firm believers that children are born ready to learn, which is why we’ve created a place where they can discover and absorb the world around them. Through our top-notch preschool curriculum, we give them this opportunity. Through our childcare run by gifted and passionate staff, we give you peace of mind.

Come Join Us

Whether you have one child or multiple, investing in their care and education can be an overwhelming decision. We understand that you’re faced with a wide range of choices in Long Island. It’s our goal to work with you as parents as you find the best option for your child. We help create an environment of trust where you can rest assured knowing your child is in capable hands.

Habitots recognizes the value of a worthy childcare offering, which is why we do everything in our power to give you a service that is both budget-conscience and value-driven. We know you want the best for your child, and we’re here to do our part to make that happen as your Long Island childcare of choice.

Contact us today to learn more!