Daily, Weekly Yearly Care Cost Reference Table
|2019 Average Senior Care Costs by Type and Duration|
|Type of Senior Care||Hour||Month|
|Home Care Aide Cost||$21||$3,696 (22 work days / mo.)|
|Home Health Aide Cost||$22||$3,873 (22 work days / mo.)|
|Adult Day Care Cost||n/a||$1,584 (22 work days / mo.)|
Typically, the daily rate for most home care agencies ranges from $200 to about $350 per day. This, of course, is dependent on the cost of living within your given region as well as the amount of specialized care that you need as a client.
The basic daily care fee is set at 85 per cent of the full age pension and is currently $48.44 a day. A person’s income and assets will determine whether they make a further contribution. This means-tested care fee can range from nothing, up to a maximum $244.97 a day.
Aides are available 24/7 to assist residents with personal care tasks or in the event of an emergency. At an average cost of $4,300 per month in the United States, it is significantly less expensive than around-the-clock in-home care.
Contrary to popular belief, home care is typically cheaper than going into a residential care home or nursing home. In addition, if you are living in your own home, its value will not be included in means-test asset calculations which decide if you qualify for public funding.
A nursing home doesn’t take all of your money the second you walk through the door. Nursing homes do cost a tremendous amount of money – often over $200 a day – so, eventually, a person may end up paying all of his money to the nursing home, if he lives long enough in the nursing home.
If you are unable to pay for care because of financial difficulties, you can apply for financial hardship assistance from the Government. If your application is successful, the Government will lower your accommodation costs.
If you or a family member faces the need for nursing home care and have limited assets, you can use Social Security to help pay for some cost. According to the government’s latest National Nursing Home Survey, the average nursing home stay is 835 days or more than two years.
Unlike other types of aging care, it is very difficult to estimate what live in caregivers cost. Estimates range from as low as $1,000 / month to as high as $5,000 / month. There are many reasons for the dramatic range.
Hourly rates for home care vary by as much as 50% even in the same state or town. Nationwide in 2019, the average cost for non-medical home care is $21.00 per hour with the state averages ranging from $16.00 – $28.00 per hour. It should be noted that these are average costs from home care agencies.
Legally, you are not obliged to pay for your family member’s fees. Whether they are your mother or wife, blood relative or relative by law, unless you have any joint assets or contracts you are not financially involved in their care.
A typical hourly rate for a carer to come to your home is around £20, but this will vary depending on where you live. Having a carer who lives with you costs from around £650 a week. But it can cost as much as £1,600 a week if you need a lot of care.