One of the first concerns parents have when considering homeschooling is financial: Can we afford to do this? The answer depends on each family’s situation, but many are surprised to discover that home education is often no more expensive than public schooling — and in some cases, it can even cost less.

Why Homeschooling Can Seem Expensive

At first glance, homeschooling can appear costly, especially in families where both parents work outside the home. If one parent reduces their hours or leaves a job to take responsibility for the children’s education, the loss of a second income can feel like a heavy burden. Because of this, some families assume that home education is only realistic for those with unusual financial freedom.

However, this perception usually comes from looking at only one part of the financial picture.

The Hidden Costs of Schooling

When children attend school, there are many expenses that families simply accept as normal. School fees, uniforms, stationery, transport, and aftercare all add up. Extramural activities and extra lessons can add even more pressure to the monthly budget. On top of that, households where both parents work often face additional costs such as extra fuel, higher convenience food spending due to time constraints, and childcare arrangements.

When these costs are added together, families often find they are spending more to keep a child in school than they actually gain from a second income.

Looking at the Net Cost

A helpful way to think about the comparison is to look at the net cost of home education: the cost of homeschooling plus any loss of income, minus the costs associated with schooling. When families do this calculation honestly, the difference is often much smaller than expected, and sometimes homeschooling turns out to be financially favorable.

Keeping Homeschooling Costs Manageable

The cost of home education varies widely depending on a family’s approach. Some parents assume they need expensive imported curricula for every child, but this is not necessary. Many families keep costs manageable by reusing materials with younger siblings, teaching multiple age groups together through unit studies, or creating their own structured or flexible learning programs.

Second-hand books, free online resources, and public libraries can provide a wealth of learning material at little to no cost. Support groups often negotiate group discounts for outings and educational activities, further reducing expenses. Homeschooling tends to become expensive mainly when families purchase separate, high-cost programs for each child.

What About Families Where Parents Work?

Even in families where both parents work, homeschooling can still be possible. Because home education is usually more time-efficient than school-based education, some parents choose part-time work. Others work different shifts and use the time between shifts for teaching. Parents who work from home or run their own businesses often find it easier to combine work and learning, and involving children in a family business can itself become a valuable educational experience.

Homeschooling as a Single Parent

Single-parent families may face additional challenges, but many still make homeschooling work. Parents who work from home can combine their roles, while those who work outside the home may schedule learning after office hours. Older children can follow structured plans independently, and extended family members, tutors, or homeschool co-ops can provide additional support when needed.

Unexpected Financial Benefits

Homeschooling can also create savings in areas that are not immediately obvious. Families are no longer tied to living in areas with high property prices simply because of school zoning. They may choose more affordable neighborhoods or even semi-rural areas. Holidays can be taken outside peak school seasons, which often reduces travel costs. In some cases, being at home opens opportunities for small home-based businesses, adding flexibility to family finances.

A Broader Financial Perspective

Research conducted years ago by Elizabeth Warren showed that families living on one income were, in many cases, less likely to experience bankruptcy than those dependent on two full incomes. Although this research was not specifically about homeschooling, it challenges the assumption that a single-income household is automatically financially unstable.

It also helps to consider what education costs at a national level. Recent budget analysis indicate that the South African government spend around  R23,000 per learner per year on public basic education. This amount covers teachers, buildings, administration and learning resources across the system. Many homeschooling families find that their direct education expenses are well below this figure, especially when compare to the full cost of schooling including fees, transport, uniforms, etc. Seen in this light home education is not necessarily a costly luxury but a financially realistic alternative. 

Education itself does not have to be extremely expensive to be meaningful. Families who choose home education often find they can provide a rich and effective education with far fewer resources than they initially imagined.

So, Is Home Education Affordable?

For many families, the answer is yes — especially with careful planning and realistic expectations. Homeschooling is less about how much money you spend and more about how intentionally you use the resources already available to you. When the full financial picture is considered, home education may be far more affordable than you think, while also offering benefits to family life that go well beyond money.