A typical sitter is $12/hr and mileage and maintenance for the vehicle the family provides is .31/mile according to the government tax rate. (Since we have 3 children we feel responsible to provide a vehicle.)
The average private school is 40 miles roundtrip twice a day. With traffic and the carpool line the sitter is working about 3 hours a day (15 hr a week = $720 a month).
80 miles a day at 5 days a week = 400 miles a week at .31/ mile = $124 a week or $496/month in fuel and other expenses. In total, you are spending nearly $1216 a month to utilize a sitter to transport a family of 3 to private school.
If you have a flexible work schedule you may be participating in the drop off/pick up process personally. In this scenario you are likely:
Utilizing the aftercare program at your school as well as sacrificing valuable personal time for errands, workouts or business discussions.
Aftercare at our private school is $25/day for each child, which adds up to $1500/month for three children.
In addition to any incidental babysitting fees you may have for an early morning meeting or travel for work.
More power to you if you have the network and connections to arrange a carpool for your kids from your neighborhood! Even if you are fortunate enough to consider this option, you may struggle with the following 2 considerations:
Many vehicles, even SUVs have limited seating to accommodate children in booster seats or other car seats.
It can be frustrating and often inconvenient to make a fair and balanced schedule for all families participating.
I personally struggle with the ability to reciprocate in carpools, so I tend to use them for emergencies only.