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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

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1

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales
childcare

Are You Underpaying Your Babysitter? Check Out the Averages in Your City

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
May 3, 2018, 12:14 PM ET
stressed-babysitter
Babysitting is not for the faintheartedSolStock—Getty Images

Babysitting is a lot more lucrative than it used to be.

A new national survey from UrbanSitter finds that the average hourly rate parents are paying sitters to watch a single child is now $16.43. Parents of two kids pay $18.86 per hour, while those with three kids are paying $20.56 per hour.

Rates fluctuate throughout the country, of course. San Francisco, not surprisingly, is the most expensive place to find a sitter, with single child rates averaging $17.89 and $20.39 for two. (The minimum wage in California, for reference, is $11 per hour.) Phoenix is the cheapest spot in the country, averaging $11.83 for one child and $14.14 for two.

Rates in other cities run a wide gamut:

Los Angeles – $15.87 (1 child); $17.38 (2 children)

New York – $16.84 (1 child); $19.31 (2 children)

Boston – $17.63 (1 child); $18.46 (2 children)

Atlanta – $12.36 (1 child); $14.43 (2 children)

Miami – $12.33 (1 child); $16.92 (2 children)

Minneapolis – $14.66 (1 child); $15.27 (2 children)

The prices listed do not include tips (which 45% of parents say they don’t give.)

The site found that more than 60% of parents spend over $1,000 per year on babysitting—with 21% spending over $5,000 per year.

Add in the increased costs of cocktails and dinners—Parents Night Out is getting a lot more expensive. No wonder Americans are eating out less these days.

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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