Naturally, people scoff at the idea that a stay at home mother would be worth such a hefty salary, and even many stay-at-home moms would suggest they wouldn't deserve such a generous paycheck until they begin to do the math. They then calculated what the salary for a stay-at-home mom would be if she earned money for those duties. That's $36,660 a year. For example, Insure.com figures the wage a mom should earn for the 14 or so jobs she must tackle throughout the day is $68,875. She has an MA in economic journalism from American University and BA in journalism and Russian studies from Washington & Lee University. Don't forget to add news@email.gobankingrates.com as a contact to ensure you receive our emails to your inbox! All Right Reserved. In other words, all moms have to do some level of childcare and housework regardless of whether they also work outside of the home. And I’m thinking, I did not sign up for this! From an economist’s point of view, they should get paid an amount so meager that a cheapskate would love it: just $10.66 a day. Try More Than $250,000. Find Out: How Much Does It Cost To Have a Kid? If it works for you, do it. The total was determined after polling thousands of mamas on the tasks they devote time to—including everything from housekeeping to being an unofficial psychologist to, yes, being a family CEO. Salary.com (the online salary data provider) calculates that the average stay-at-home mom’s services (housekeeping, cooking, laundry, etc., and a … But let’s face it: The true value of everything moms do, whether they work at an official job or not, is priceless. On average, they spend almost twice as many hours caring for children and doing household work as working moms. That’s because working moms spend an average of 0.06 hours a day on lawn work — which means the benefit stay-at-home moms provide is only an extra 0.04 hours a day that’s worth 60 cents. Travel related to caring for and helping household children: 0.33 hours Search Stay at home mom jobs in Louisville, KY with company ratings & salaries. We would like to recognize both professional and stay-at-home Moms on their unwavering dedication to their families and other responsibilities. If they were to earn the median hourly wage of grounds maintenance worker — $15 – they would make $1.50 for the amount of lawn work they do. I had a child. The national average weekly salary for a full-time nanny is $705. The salary estimate for 2018 is up almost $5000 from the company's estimates for 2017 and almost $35,000 from a decade ago. Married moms with full-time jobs spend 0.83 hours a day, on average, preparing food — often using budget-friendly recipes. As another survey from the website Insure.com found, moms say the time they devote to being "party planners" rose by 25% in the past year. Be honest with yourself. When you isolate that additional time, economists would value a stay-at-home mom’s work at $15,463.07 a year. Her work has appeared in Kiplinger’s Personal Finance, Business Insider, Chicago Tribune, Fortune, MSN, USA Today and many more print and online publications. monkeybusinessimages / Getty Images/iStockphoto. Just in case you need a simple salary calculator, that works out … “That way you isolate the extra production that occurs due to the fact that the woman is stay-at-home mom. There have been studies that indicate that if a stay-at-home mom was paid what she was really worth she'd be earning the equivalent of $160,00 a year. And it's not just the regular stuff—like laundry and lawn mowing—that modern mamas are working hard at. Sign up for more financial tips and tricks! Meanwhile, Salary.com claims that the work moms do is worth almost twice as much: a staggering $162,581. Thanks, Mom. Annual marginal value of housework provided by a stay-at-home mom: $3,890.54. According to the latest available data from Salary.com, stay-at-home moms should earn upwards of $162,581 per year when you tally up 96 hours of work per week. Salary.com has been publishing the results from their survey each year, and the numbers have only increased. That level serves as a sort of baseline – the work moms do for free, so to speak, because of the nature of their responsibilities as mothers. Read our FAQ for more information about the calculator. But according to economists, you can use Labor Department data to determine the approximate market value of the work moms do almost 24/7. Considering that the average workweek is 35 hours, the hourly wage for a childcare worker comes out to be $13.54. Stay-at-home moms spend an average of just 0.1 hour a day working in the yard. The result might surprise you: According to Salary.com, the average salary for a … And this is exactly why I can't afford my wife being a Stay-At-Home Mom. 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