What causes daycare to be so expensive in Australia? Wages, regulation, not enough supply, something else?
What causes daycare to be so expensive in Australia? Wages, regulation, not enough supply, something else?
A good student:teacher ratio for 1-2 year olds is 1:3, for 3 year olds is 1:5 and for 4 year olds is 1:8. Assuming an even mix, that's an overall ratio of 1:4. 350 x 4 x 12 is $17K a year per teacher, and that's only if nothing goes towards rent, supplies and the other costs of running a day care.
My point doing the math was that a day-care as a "real" business has to charge at least double the OP's $350 a month.
I found some average prices for Australia [1]. They list "Long day care (child care centre)" at $70 - $185 per day, which is what we found when looking at prices.
[1] https://www.careforkids.com.au/child-care-articles/article/7...
Edit: looking at some of the other replies, it seems just as expensive in some parts of the US.