The cost of daycare in Auckland is too damn high. That’s the sentiment that many Aucklanders are feeling as they try to find a decent cost for their children. The cost of daycare varies depending on where you live, but it can be tough for parents who need to work and don’t want to put their kids in subpar care or pay hefty rates at one facility. This article will talk about 3 main reasons why the cost of childcare in Auckland is too goddamn high!
The first reason is the cost of living is high! Aucklanders are some of the richest people in New Zealand, but that also means they have to spend more money just for day-to-day expenses. That’s why many Aucklander parents need all the help they can get with childcare costs since it adds yet another expense on top of already expensive necessities like housing and food.
The second reason being the lack of supply while demand is growing. Daycare facilities struggle to keep up with the increased number of families who want good care for their kids while working long hours so there aren’t enough quality options for everyone. Many facilities work at full capacity or close to it because more parents each year require access to better child care services so waiting lists are getting longer and fewer places are available.
There are a few things parents in Auckland can do to help themselves when it comes to the cost of daycare, one being asking their employers about childcare vouchers and the second is exploring other alternatives like nannies or babysitters.
Many companies offer childcare vouchers as part benefits for employees who work more than 24 hours per week which helps reduce the cost of day care by up to £5500 each year if someone uses this benefit every single month until their child turns five years old.
Other options include hiring a nanny since they cost significantly less on average compared with full-time daycare so you don’t have to sacrifice your income while still providing quality care for your kids at home or finding a reputable babysitter near you which would cost even less and you can do this once your kids are a bit older.
The third is to look for cost-efficient daycare options near you which also includes in-home care, family or group childcare centers that offer flexible payment plans such as 0% interest credit cards like the Barclaycard Platinum Cashback MasterCard®* (subject to status) which will help reduce the cost of daycare by up to £1500 each year if someone uses it every single month until their child turns five years old.
For example, one company offers some employees with children under two years old an extra four weeks of paid parental leave on top of what they receive from statutory maternity pay so they have more time off work while still receiving some income.
In conclusion, the cost of daycare in Auckland can cost as much as £15,000 a year if parents do not take advantage of the many options available that reduce cost.