While investing in the teacher workforce is central to improving schools, school resources are notoriously limited, forcing school leaders to make difficult decisions on how to prioritize funds. This paper examines a critical input to resource allocation decisions: teacher preferences. Using an original, online discrete choice survey experiment with a national sample of 1,030 U.S. teachers, we estimate how much teachers value different features of a hypothetical teaching job. The findings show that (a) teachers value access to special education specialists, counselors, and nurses more than a 10% salary increase or 3-student reduction in class size, (b) investments in school counselors and nurses are strikingly cost-effective, as the value teachers alone place on each of these support roles far exceeds the per teacher cost of funding these positions, and (c) teachers who are also parents treat a 10% salary increase and a child care subsidy of similar value as near perfect substitutes. These novel estimates of teachers’ willingness to pay for student-based support professionals challenge the idea that inadequate compensation lies at the root of teacher workforce challenges and illustrate that reforms that exclusively focus on salary as a lever for influencing teacher mobility (e.g. transfer incentives) may be poorly aligned to teachers’ preferences.