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.
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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)
$830
Center-based, monthly
Nanny vs. Daycare
+$1,170
Extra per month, 1 child
Source: BLS OEWS metro-area median wage for childcare workers (SOC 39-9011, 2023). The nanny hourly figure is our estimate: that median plus a private-household premium and employer payroll taxes. It is not from a survey of nanny families. Infant daycare figure: the same record as our city cost page.
Memphis, TN vs. National Average
| Metric | Memphis, TN |
|---|---|
| Monthly cost | $2,000 |
| Annual cost | $24,000 |
| Daycare (infant) | $830 |
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)
$830/mo
2 daycare spots
$1,660/mo
Nanny care costs $1,170/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 →