The Objects of this study are: 1. To compare the housework time of housewives by region and employment status. 2. To compare the economic value of housework by region and employment status. 3. To evaluate the economic value of housework by each method. The subjects of this study were 815 housewives living in Taegu and Kyungsangpookdo. The statistics used for data analysis were frequency, percentile, T-test, ANOVA and Seheff test by SPSS PC programs: 1) The average housework time was 7.8hours per day. Full-time housewives spent 8.2hours and employed housewives spent 6.7hours to housework. 2) Partially there were significant difference in economic value of housework by employment status. 3) Estimates of economic value of housework by each method of evaluation are : (unit : won) {{{{ sample mean method }}{{monthly }}{{ (1) Specialized substitute method }}{{587,080 }}{{ (2) Overall substitute method }}{{760,640 }}{{ (3) Opportunity cost method }}{{556,060 }}{{ (4) Reservation wage method }}{{534,070 }}{{ (5) Subjective evalution method }}{{644,540