• If You Paid Someone To Do What A Mom Does, It Would Cost $65K A Year

    The work a mother does may be considered priceless, but a new report puts a monetary value on mom’s job.

    Insure.com, an independent website offering consumer information about insurance, finds that if we put a dollar amount on the things mom does around the house, her market value would be more than $65,000 a year.

    Researchers rounded up using a list of common household tasks that mothers regularly perform and then multiplied the number of hours moms dedicate to each chore by the going rate corresponding to the occupation based on Bureau of Labor Statistics (BLS).

    It is calculated that child care, cooking and driving account for about half of the value of mothers’ labors.

    The duties that were factored into the estimate of mom’s market value include child care (valued at $11.10 an hour), cooking (valued at $10.13 an hour), driving (valued at $12.12 an hour), cleaning up/maid service (valued $10 an hour), fixing up the house/designer (valued at $23.27 an hour), bind wounds/vocational nurse (valued at $18.43 an hour), planning parties/event planner(valued at $24.53 an hour), giving haircuts/hairdresser ( valued at $11.90 an hour), handling family finances/accountant (valued at $24.98 an hour) and finding out what the kids are up to/private detective (valued at $25.91 an hour).

    The index is intended to both put a number on mothers’ market-labor worth, but also show that the services a parent provides is an important consideration when deciding how much life insurance to buy for a household. If there is not an adequate life insurance policy in place, the family could be financially devastated if mom is no longer around and others must be brought in to take over her household tasks.

    Alicia Powe

    Staff Writer

    Alicia Powe is a staff writer for Daily Surge. She worked in the War Room of the Rudy Giuliani Presidential Committee and served as a White House Intern during the George W. Bush administration. Alicia has written for numerous outlets, including Human Events, Media Research Center and Townhall.com.

    Trending Now on Daily Surge

    Send this to a friend