MoneyMagpie

Jan 08

The cost of childcare across the UK revealed

Reading Time: 2 mins

As a parent, the cost of raising children can be one of the most stressful parts of the job, especially if you didn’t fully understand how much services and goods for children cost.

What may come as more of a surprise, is that the cost of bringing up a child varies significantly around the UK.

While it may be expected to be more expensive to look after kids in the capital due to the higher cost of rent, differences between other regions across the country aren’t usually discussed, however,  Childcare.co.uk has analysed the prices its childminders, babysitters, nannies and day nurseries charge per hour across the UK to find the average cost of childcare in each area.

The platform has used its data to create a nationwide league table of the most expensive regions to hire a childcare professional. London tops each list as the most expensive, with Yorkshire and The Humber the cheapest for childminding, the North East the cheapest for nannies and babysitting and the East Midlands the cheapest for nurseries.

The most expensive UK regions for childcare

how to afford childcare

Based on average hourly rate for childcare;

  1. London – £8.60
  2. South East – £7.75
  3. Scotland – £6.88
  4. North West – £6.84
  5. South West – £6.71
  6. West Midlands – £6.60
  7. Yorkshire and The Humber – £6.54
  8. Wales – £6.53
  9. North East – £6.38
  10. East Midlands – £6.33

Childcare.co.uk is a platform that allows parents to search for and connect with babysitters, childminders, nannies, nurseries, private tutors and schools and allows childcare providers to advertise their services. The site has more than 1.5 million users nationwide and is the largest online community for parents in the UK, having launched in 2009.

So, if you are a parent looking to find a more cost effective solution to your childcare needs, make sure to check the platform out.

However, if you are looking for other ways to cut down on childcare costs and would like to know how to plan for a successful financial future with your little ones, check out some of the expert advice in our dedicated articles linked below.

The critical roles that grandparents can fill for your children 

7 fun and easy recipes for kids to learn in the kitchen 

7 ways to invest in your children

Breaking down the full cost of raising a family in the UK

Richard Conway, founder of Childcare.co.uk said,

“It’s always interesting to find out which areas of the UK are the most expensive when it comes to childcare services.

“It’s no surprise that London topped the list as the most expensive region across all sectors. However, price depends on the professional, so it will never be something the industry has a standard pricing structure on, which is why I think it’s useful to see the average of other similar professionals.”

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