Work vs Stay Home Calculator
Compare the true financial impact of both parents working versus one staying home. Factor in taxes, childcare, and work-related expenses to see the real numbers.
Household Income
Combined federal + state marginal rate
Work-Related Expenses (Monthly)
Gas, parking, transit, car wear
Financial Comparison
Lower salary (gross)$4,583/mo
After taxes$3,575/mo
Work expenses-$1,600/mo
Net Gain from Working
$1,975/mo
$23,700/year
Working adds to household income
Working brings in an extra $23,700 per year after all work-related expenses.
Break-even daycare cost
$3,175/child
Maximum monthly daycare cost where working still makes financial sense
This calculator focuses on finances. Career growth, benefits, mental health, and personal fulfillment are also important factors.
Beyond the Numbers
While this calculator helps with the financial analysis, the decision to work or stay home involves many non-financial factors:
Reasons to Keep Working
- Career advancement and skill development
- Health insurance and retirement benefits
- Social Security earnings credits
- Adult interaction and identity
- Child benefits from socialization
Reasons to Stay Home
- More time with your children
- Flexible schedule for activities
- Avoid work-related stress
- More control over child's environment
- Reduced household chaos