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Cost of being a stay-at-home parent is underestimated by €24,000 study shows

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January 24 2024- The article highlights the undervaluation of stay-at-home parents, often considered one of the most challenging yet underappreciated roles. A new study indicates that employing a full-time homemaker would cost approximately €55,000 annually. Despite the significant workload, most stay-at-home parents are not monetarily compensated. The study reveals that over 90% of people underestimate the true financial value of a stay-at-home parent by around €24,000. Interestingly, there is a rising trend of stay-at-home dads, as reflected in census data showing an increase in their numbers and a decline in stay-at-home moms.

https://www.independent.ie/business/personal-finance/cost-of-being-a-stay-at-home-parent-is-underestimated-by-24000-study-shows/a687910772.html

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