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Paula Pant

The Economic Value of Mom's Work

By , About.com GuideNovember 12, 2012

How much is a mom and dad's domestic work worth?

Domestic tasks that are typically considered to be "mom's work" has a market value of $60,182, according to Insure.com as reported by MSN Money. That's the cost of hiring out all the tasks that are commonly associated with motherhood.

Men and fathers continue to -- on average -- earn more money outside of the home than women and moms do. A 2007 study by the Pew Research Center found that 78 percent of husbands out-earn their wives.

This diminishes the time and value of a dad's contributions to the household. One study found that the market value of a dad's contribution to the household stands at about $20,415.

Interesting food for thought.

Do you have any comments? Share them here, or drop by the forum to share your thoughts.

Source: MSN Money

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