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Market Value Of Dad

Dads have one more reason to put their feet up and celebrate this Father’s Day: Their household value is up from last year.

Insure.com’s 2013 Father’s Day Index puts Dad’s household tasks at $23,344 a year, up from last year’s $20,248. The increase is largely due to higher mean hourly wages for drivers, teachers, coaches and plumbers, according to Bureau of Labor Statistics data.

But don’t tell dad because if he could cut himself a check for all the work he does around the house, he’d probably pay himself a larger amount than Mom would.

In our survey they asked dads to think about what they do around the house and estimate how much they’d have to pay someone else to do it all for a year.

Here’s how fathers assess their own annual value:

  • Less than $10,000: 13 percent
  • $10,000 to $19,999: 15 percent
  • $20,000 to $29,999: 13 percent
  • $30,000 to $39,999: 13 percent
  • $40,000 to $49,999: 10 percent
  • $50,000 to $59,000: 11 percent
  • $60,000 to $69,999: 7 percent
  • $70,000 to $79,999: 7 percent
  • $80,000 to $89,999: 4 percent
  • $90,000 to $99,999: 3 percent
  • $100,000 or more: 4 percent

As you’d  expect, a mom’s value  is higher than Dad’s coming in at just under $60,000.

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