Hiring a maid seems like the kind of thing that you have to have a lot of money to accomplish. It’s obviously another line in the budget; so, it stands to reason that hiring a maid will end up costing you money. However, that might not be the case. Is it possible that hiring a maid will actually save you money in the long run? It’s possible.
How Much Time You Spend Cleaning
The basic contours of the calculation involve what are called opportunity costs. When you take time out of your day to clean your home, you are foregoing some other activity in that time. The things you are not doing are the opportunity costs. If you are skipping time spent relaxing or watching television, then the opportunity cost is not quite as apparent. However, if you’re taking time off from work to get home an hour early to clean or if you work from home, the opportunity cost will be the lost productivity. So, you first need to calculate how much time you spend cleaning your house. Most estimates say that time spent cleaning averages to about an hour a day. That’s usually not evenly distributed, but it averages to about 7 to 10 hours a week. That’s 28 to 40 hours a month.
Some people spend more time and some spend less; if this seems far off of what you spend, you should time yourself while cleaning to figure it out. Once you’ve done that, you need to place a value on your time. If you routinely come home an hour early from work to clean, you can just calculate how much you would make if you stayed at work. That’s pretty simple. If not, you should do some calculations to determine how much you could reasonably expect to make in that hour. That’s the monetary value of your opportunity cost.
How Much The Maid Charges
Once you’ve valuated your opportunity cost, you should look into how much the maid charges. Research shows the average maid charges between $25 and $35 per hour. Others charge by the square foot. Research shows that most people spend about $150 per visit. They’ll typically come to your house once or twice a month.
Then, it’s time to just do some math. If you spend 10 hours a week cleaning and you value your time at $15 per hour, that’s $150 in opportunity cost. You could hire a maid once a month and break even. You also have to consider how much it’s worth it to you not to have to clean all the time. A maid could be more affordable than it appears at first.