Financial value of stay-at-home parents undervalued by 90% of people 

New research by Royal London Ireland found the role of stay-at-home parent’s to be valued at an annual salary of €57,140

According to the most recent census data for Ireland, there were 272,318 stay-at-home parents in 2022, 90% of which were women.  

Almost 90% of adults nationwide underestimate the financial value of stay-at-home parents, new findings from Royal London Ireland show, with just over 10% valuing the cost to employ someone to perform the duties of a stay-at-home parent at over €50,000.

Surveying 1,000 adults, the life insurance and pensions provider calculated the estimated annual salary of a stay-at-home parent to be €57,140, up from €54,590 in 2023 and €40,560 in 2015 when it first undertook the same research.