I fly at Atlas which has a gateway program similar to but not entirely equal to home-basing. The value of home-basing depends on your minimum standard of living.

If you are comfortable in a crappy crash-pad at $150/month, the value of home basing is $1800/year. If you’d be getting yourself a $100/night hotel prior to a trip, the value would be roughly $6000/year. Same math applies with your stadnards regarding jump-seating to work v. positive space travel.

Me, I am used to living pretty poorly. I’d rather have the higher pay rate and retirement offered elsewhere.