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  1. #1

    Determining daily rate

    Hello Everyone!
    I will be opening a daycare in the new year. I was wondering how you determine how much to charge? What are the factors you consider when choosing how much to charge?
    This is my first time running a daycare. I have lots of experience with children including a few early childhood education classes, but I do not have my ECE diploma. I have a four year old daughter who is in JK. We live in a detached home with a big backyard and located in a great neighborhood. The average daily rate in my area is anywhere from $40-$50.
    I want to charge $45 but im not sure if that is too high or too low. Help!

  2. #2
    Expansive... BlueRose's Avatar
    Join Date
    May 2012
    299 Times in 222 Posts
    I do a weekly rate instead of a daily. I find it works better for my daycare.

    you need to look at
    - other providers in your area (ranges from $35/day to $100/day depending on city and niebourhood)
    - what you are offering
    - what your expensives are

    don't sell yourself short, you desirve a desent wage.

    I started off low and over a few years was charging the highest rate in the area. I was told that no one would pay it, they where wrong. I am now full and get between $260 - $280/week ($52 -$58/day).

    I would start at either $45 or $50 and go from there. (unless your areas average is higher)

  3. #3
    Moderator Expansive...
    Join Date
    Feb 2011
    Somewhere not warm enough
    102 Times in 74 Posts
    Good luck!

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