A parent that cooks, cleans, teaches, drives, does laundry, nurses, organises and mentors a child could earn £263,587 a year. Funky Pigeon has created a tool based on real-life job salaries in the UK to output the potential earnings of a stay at home parent based upon the number of hours spent doing each parental ‘job’.
The data behind the tool can be split by region/town and used to show what a stay at home parent’s job can be worth.
Go to https://www.funkypigeon.com/blog/parent-salary-calculator/. Start typing in your town/location, it should come up with suggestions for you and then click on the correct one. Then by inputting the number of hours you spend on each task should result in an estimated salary.
Try it out and put your hypothetical salary in the comments below.