As of April 2024, the average starting rate for a nanny in Monument, CO is $17.95 per hour. The weekly cost for a nanny working a 40-hour week in Monument, CO is $718 while the monthly cost is approximately $2,334 for 130 hours of work.
Data is based on rates reported by service providers listed on Care.com. Last updated in April 2024.
The cost of hiring a nanny in Monument, CO is approximately -13% lower than Colorado average starting rate of $20.62 per hour and -9% lower than the national average of $19.69.
Location | Starting rate (avg) | Max rate (avg) |
|---|---|---|
| Monument, CO | $17.95/hr | $28.38/hr |
Colorado | $20.62/hr | $28.16/hr |
United States | $19.69/hr | $27.00/hr |
$17.95
$28.38
Monument, CO
$20.62
$28.16
Colorado
$19.69
$27.00
US
Starting rate (avg)
Max rate (avg)
In some cases, nearby cities may offer more affordable nanny services. When evaluating nanny pay rates in Monument, CO and its surrounding areas, it is essential to follow the minimum wage regulations and understand the proper way to pay legally. There are multiple benefits of paying legally that should be considered, such as tax deductions and fostering a professional employment relationship.
City | Starting rate (avg) | Max rate (avg) |
|---|---|---|
| Peyton, CO | $16.53/hr | $26.06/hr |
| Colorado Springs, CO | $18.52/hr | $26.32/hr |
| Franktown, CO | $19.00/hr | $25.80/hr |
| Woodland Park, CO | $19.00/hr | $23.00/hr |
| Castle Rock, CO | $20.81/hr | $30.64/hr |
There are several factors that can contribute to higher pay rates for nannies in cities near Monument, CO. Factors such as a higher cost of living, increased demand for nanny services, and a more competitive job market can drive up the average rates. As a result, it's crucial to consider these local factors when comparing nanny rates near Monument, CO.
City | Starting rate (avg) | Max rate (avg) |
|---|---|---|
| Manitou Springs, CO | $20.83/hr | $28.67/hr |
| Castle Rock, CO | $20.81/hr | $30.64/hr |
| Woodland Park, CO | $19.00/hr | $23.00/hr |
| Franktown, CO | $19.00/hr | $25.80/hr |
| Colorado Springs, CO | $18.52/hr | $26.32/hr |
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