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Another factor that could raise a nanny salary is anything extra that she brings to the table. Does she speak English fluently? Does she know CPR and first aid? Is she a specialist in something that she could tutor children in (math, science, a foreign language)? All of these things can contribute to a higher salary -- and are likely worth paying the extra fee.

What If You Can't Afford the Nanny You Like Best?

So what does a family do if they find a nanny they love and want to hire but they find her salary range to be higher than they expected? In a case like this, the family could try to bargain with the nanny, offering her extra services in trade for a slightly lowered hourly or weekly rate. For example, a dentist could provide free dental work. In addition, some families share their nannies, splitting the cost of the nanny's salary. The family could also offer extra perks to the nanny, such as extra time off, use of the family car, or use of a second home. In this way, the nanny feels that she is still valued but may be willing to negotiate to a lower weekly or hourly rate.

It is very important to investigate nanny salaries before you begin interviewing candidates so that you know ahead of time what you can afford. Knowing about a nanny salary first also gives you the ability to bargain with your ideal candidate if you cannot afford the top of the range by offering additional perks or trades. If you base your salary offers on where you live, the nanny's experience, and additional benefits the nanny can offer your family, you're sure to find the perfect candidate.