London nannies receive a £4,500 increase in pay - wonder how much childcare workers are compensated in other locations?
In the bustling city of London, the demand for childcare has led to a notable rise in nanny salaries over the past five years. According to the latest data for the tax year 2024/25, live-out nannies in London typically earn around £34,000 gross annually for full-time roles, equating to an average hourly rate of approximately £16.33.
Breaking down the wages for live-out nannies in London for tax year 2024/25:
- Annual salary: Approximately £34,000 gross per year.
- Monthly salary: Approximately £2,833 gross per month (£34,000 ÷ 12 months).
- Hourly wage: Roughly £16.33 per hour, assuming a 40-hour workweek.
While specific year-on-year data is limited, the typical salaries have shown increases in line with inflation and demand for childcare. Historic listings and job advertisements from past years generally support a trend where average salaries in London have risen gradually, reaching the current level.
Over the past five years, the average wage of a London nanny has increased by 46%, with a record 9.7% pay rise over the last year. This trend is reflected across the UK, as the average UK wage for nannies has increased by 50%.
Outside London, the West Midlands region boasts the highest average hourly rate for a nanny, at £17.84, while the North West and North East regions have seen increases of 14.7% and 9.4% respectively compared to the previous tax year.
In the capital, families can expect to pay £17.86 per hour for a nanny in Greater London and the Home Counties. The most expensive region in London is Central London, where nannies charge an average of £20.15 per hour. The average hourly rate for a nanny in London is £19.51.
Families living in East, North, and South East London can expect to pay £19.30, £19.58, and £19.77 respectively for a nanny's services. Hiring a nanny for 21 hours per week costs, on average, £410 per week in London and £331 per week in the rest of the UK.
For families seeking a cost-effective option, nanny shares can be a viable solution, as they pay at least minimum wage to the same nanny, which is cheaper than the going rate.
Agencies report that the premium for nannies taking on additional responsibilities like PA duties, special educational needs (SEN) support, or tutoring is around 20%.
Despite the rising costs, the demand for nannies in London remains high, reflecting the city's commitment to providing quality childcare for its families.
In this dynamic economic landscape of London, a rise in nanny salaries is closely tied to the increasing demand for quality childcare, with personal-finance implications for families. Approaching tax year 2024/25, live-out nannies in London typically earn an annual salary of £34,000, equating to a personal-finance consideration for their employers in ensuring they can meet the business cost of providing childcare.
