What is a nanny share?
A nanny share is an arrangement where two (sometimes three) families employ the same nanny to care for both sets of children at the same time. The nanny earns a higher hourly rate than a solo nanny role, while each family pays less than they would for a private nanny. Most shares are hosted at one family's home or alternate between homes weekly.
How much does a nanny share cost?
A typical nanny share rate is around 60-75% of the nanny's solo hourly rate per family. So if a solo nanny would earn $25/hr, a 2-family share might pay her $35-$40/hr total ($17.50-$20 per family). Each family typically saves 25-40% versus hiring a solo nanny while the nanny earns 1.4-1.6x her solo rate.
How do you split nanny share costs between families?
The three most common methods are: (1) even split, where each family pays the same regardless of kids or hours, (2) split by hours used, which is fair when one family uses the nanny more than the other, and (3) hybrid, where half the cost is by hours used and half by number of kids. Even splits are most common when both families have similar usage; hours-based splits are common in asymmetric arrangements.
Is a nanny share cheaper than daycare?
Often yes, especially in higher-cost markets. In cities like New York, San Francisco, Boston, and DC, full-time daycare can run $2,500-$3,500 per month for one infant. A 2-family nanny share at $40/hr total split evenly comes out to about $3,460 per family per month for 40 hours, but for 2+ kids per family the share usually beats daycare on cost while offering 1:1 or 2:1 attention.
Do you pay nanny share taxes the same as a solo nanny?
Yes - in a nanny share each family is a household employer for their portion of the nanny's pay and is responsible for their share of payroll taxes (Social Security, Medicare, federal/state unemployment). Many shares use a single payroll service (HomePay, Poppins, GTM) that handles the split. The nanny gets one paycheck but each family files their own Schedule H and W-2.
How many kids can be in a nanny share?
Most nanny shares are 2 families with 2-4 kids total. Three-family shares (often called nanny clubs or nanny pods) exist but require very experienced nannies, ideally not all infants, and an organized rotation. Many states limit the number of unrelated children one caregiver can watch in a private home before it becomes regulated childcare - check your state law.