Should Santa Earn a 6-Figure Salary in This Economy?

What's Hot


The Most Sinful City in the U.S. Is … (Hint: It’s Not Vegas)Family

How a Mexican Tariff Will Boost the Cost of 6 Common PurchasesFamily

This Free Software Brings Old Laptops Back to LifeMore

How to Protect Yourself From the ‘Can You Hear Me?’ Phone ScamFamily

Report: Walmart to Begin Selling CarsCars

Where to Sell Your Stuff for Top DollarAround The House

Is Your TV Tracking You? Here’s How to Tell — and Prevent ItAround The House

11 Staging Tips to Help You Get Top Dollar When Selling Your HomeAround The House

21 Restaurants Offering Free Food Right NowSaving Money

20 Simple Hacks to Make Your Stuff Last LongerAround The House

4 Car Insurers That Might Raise Rates Even When the Accident Wasn’t Your FaultCars

How to Invest If Trump Kills the ‘Fiduciary Rule’Grow

12 Surprising Ways to Wreck Your Credit ScoreBorrow

8 Tuition-Free U.S. CollegesCollege

These Are the 25 Best Jobs in the U.S.Jobs & Work

9 Secret Ways to Use Toothpaste That Will Make You SmileAround The House

The 2 Types of Music That Most Improve Dog BehaviorFamily

How much is Santa's work worth? You might be surprised.

If Santa earned a salary, it would rank his job among the best-paying gigs in the nation this year.

That’s because the value of Mr. Claus’ many tasks amounts to a salary of $146,308.51 for 2016, according to the latest annual Santa Index compiled by Insure.com. That reflects a 2.2 percent pay bump from last year.

The Santa Index is based on a list of tasks that are then matched up to occupation and wage data from the U.S. Bureau of Labor Statistics (BLS).

For example, the task that accounted for most of Santa’s salary this year — $121,779.84 — was running his workshop.

The index matched that task up to the BLS occupation title of industrial engineer, which came with an average hourly wage of $41.82 this year. Insure.com then figured Santa spent eight hours per day running his workshop, 364 days per year, earning him that $121,779.84.

The task that accounted for the second-largest portion of Santa’s salary this year was labor negotiations with elves.

That task corresponds to the BLS occupation title of labor relations specialist, which came with an average hourly wage of $29.30. Insure.com figured Santa spent a half-hour negotiating every day of the year, earning him $5,347.25.

Not everyone believes Santa is so deserving, though.

The latest annual Insure.com Santa survey found that 8 percent of people believe he should not get any salary, primarily because St. Nick does what he does out of the goodness of his heart.

As for the rest of us, we have widely varying opinions on how much Santa deserves:

  • More than $300,001: 18 percent of people say Santa should earn a salary in this range
  • $200,001 to $300,000: 4 percent
  • $150,001 to $200,000: 7 percent
  • $100,001 to $150,000: 13 percent
  • $75,001 to $100,000: 14 percent
  • $50,001 to $75,000: 17 percent
  • $25,001 to $50,000: 12 percent
  • Less than $25,000: 7 percent

One thing’s for sure, though: If Santa did earn that $146,308.51, it would make his job the No. 8 best-paying job in the U.S. this year. Specifically, he’d rank between dentist ($155,267) and orthodontist ($131,214), according to a CareerCast analysis released last month.

If you’re still trying to complete your own Santa-like tasks, check out “Still Shopping for Gifts? 10 Last-Minute Money-Saving Tips.”

What salary do you think Santa Claus deserves? Let us know why by commenting below or over on our Facebook page.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: 8 Home Improvement Projects That Pay Off Big

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,866 more deals!