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wizerdrobe | 1 year ago

What are you imagining the typical rate is in much of America. When we lived in the city we had a range of about 225 to 300 per week as of last year. Outside of the city we pay 160 per week.

The real issue was the waiting list…

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ok_computer|1 year ago

Lol, over 400/week is standard in eastern PA, US. Many daycares sampled in our search. Medium cost of living suburban area.

Also over 1 year wait list.

Wolfenstein98k|1 year ago

If you have a wait list, the price isn't high enough

fshbbdssbbgdd|1 year ago

Or maybe you value the consistency of full enrollment that comes with a waitlist over the additional revenue you could earn with higher prices. Could be the case if there are high costs to changing the size of the business.

Imagine there’s a law that you can only have 4 children per caregiver. Your capacity is 8. Lose one and your revenue is down 12.5%

truckerbill|1 year ago

A good example of where free market ideology falls flat

kaitai|1 year ago

You are a lucky person. I just looked up my tax statements for 2022 and I paid $1341.67/month for an older kid (not infant). Waiting lists are atrocious and everywhere (and many places charge a $75-150 deposit for the waiting list alone); we got in fast because it was a new location. I am in the Midwest, not a coast.