For a full-time nanny in the Los Angeles area, families can expect to pay between $15 and $35 per hour. Of course, the cost of a nanny depends on the quality of the nanny you hire, the going rate in your specific part of LA, and the number of kids you have. You can find the average hourly rate in LA and how different work schedules and responsibilities impact it. If you’re living in Hollywood, Pasadena, Pacific Palisades, Manhattan Beach, Sherman Oaks, or some of the other high-end towns, you’ll be on the higher end of the spectrum.
A nanny share is a great way to save money on an LA nanny. Learn the going rate in your area of LA, and then expect that each family will pay about 2/3rd of that rate. Nanny share nannies typically earn more per hour since they're working with two families, and are more flexible about two families' needs. So, say the going rate for a nanny in your LA community is $25, both families will pay about $16.50 an hour, making your monthly child care budget much more digestible.
You’ll want to find a compatible, local family (through a site like Nanny Lane), and then interview your nanny candidates together. Make sure you and the other family have a similar budget and somewhat similar schedule. Although, one benefit of nanny share is the flexibility of having your nanny stay late for one family, even if you come home early (usually taking the other child back to his or her home to wait for the parents).