DaycareCalc

Nanny Cost in Memphis, TN (2026)

BLS wage data, hourly rates, and daycare comparison

A full-time nanny in Memphis, TN costs approximately $2,000/month. 26% below national avg. Logistics and healthcare families. Below Nashville rates.

Memphis, TN nanny cost summary (2026)

Monthly Cost

$2,000

26% below national avg

Annual Cost

$24,000

Full-time, live-out

Hourly Rate

$15.5/hr

Family cost incl. taxes

BLS Median Wage

$12.0/hr

SOC 39-9011 metro area

Daycare (Infant)

$820

Center-based, monthly

Nanny vs. Daycare

+$1,180

Extra per month, 1 child

Source: BLS OEWS SOC 39-9011 metro area data (2023) + market rate surveys. Monthly costs include employer payroll taxes.

Memphis, TN vs. National Average

Metric Memphis, TN
Monthly cost $2,000
Annual cost $24,000
Daycare (infant) $820

What Drives Nanny Costs in Memphis, TN?

  • FedEx/logistics industry families
  • St. Jude/medical corridor
  • No state income tax
  • Affordable city keeps rates moderate
  • Cross-river access to MS/AR nanny pool

Nanny vs. Daycare in Memphis, TN

Nanny (1 child)

$2,000/mo

Daycare (infant)

$820/mo

2 daycare spots

$1,640/mo

Nanny care costs $1,180/month more for one child. For two children sharing a nanny, the cost gap narrows significantly.

Compare nanny vs daycare →

Common Questions About Nanny Costs in Memphis, TN

How much does a nanny cost in Memphis, TN?

A full-time live-out nanny in Memphis, TN costs approximately $2,000/month in 2026 — $24,000/year. That's 26% below national avg of $2,700/month nationally. Hourly cost to the family is ~$15.5/hr.

What is the nanny hourly rate in Memphis, TN?

The effective hourly cost for a nanny in Memphis, TN is approximately $15.5/hr in 2026. The BLS OEWS metro-area median for childcare workers (SOC 39-9011) is $12.0/hr. Private-household nannies typically earn $3.5/hr above this median.

See statewide nanny rates for Tennessee

Tennessee nanny costs →