The Cost of In-Home Care | MDC Healthcare (2024)

FAQs

How much does home health care cost in the US? ›

The National Average Cost of 24/7 In-Home Care

According to the latest Cost of Care Survey, conducted by Genworth Financial, the median cost for home health aide services in the U.S. is $27 per hour. Based on that rate, 24-hour care would come to $4,536 per week, or $18,144 per month.

Costs of In-Home Senior Care

In-home care costs vary depending on the types of service you need. Charges range from an hourly rate of approximately $30 for a companion to an average of $38 an hour for a certified aide. Live-in care starts at $325 a day. These rates can vary depending on the level of service needed.

$22.89/hour

As of May 2024, the average starting rate for a caregiver in Los Angeles, CA is $22.89 per hour. The weekly cost for a caregiver working a 40-hour week in Los Angeles, CA is $916 while the monthly cost is approximately $2,976 for 130 hours of work.

How much does 24/7 in-home care cost per month? The median cost of 24/7 in-home care is $21,823 per month, based on the $30 hourly rate. These costs will vary based on where a senior lives and the level of support they need.

Home health aide: Medicare pays in full for an aide if you require skilled care (skilled nursing or therapy services). A home health aide provides personal care services, including help with bathing, toileting, and dressing.

The reason behind the striking increase in in-home care costs stems from shortages in the country's home health workforce coupled with rising wages for these workers, according to Marc Cohen, co-director for the Leading Age Long Term Services and Supports Center at the University of Massachusetts-Boston.

New Jersey has a median hourly rate for home care at $29.95 for a home health aide and $29.00 for a homemaker/companion. For quality care, we have found that one could expect to pay anywhere from $28/hr – $40/hr for a home health aide.

In-home care is a non-clinical service that helps seniors with their daily activities. This includes housekeeping, meal preparation, grooming, and dressing. As expected, the cost between states vary, but in New Jersey, it will cost around $5500 per month.

A home health aide in NJ—particularly the North Jersey area—costs between $32 and $33 per hour. Those same services may only cost $29 per hour in an area where costs of living are lower, as in many areas of South Jersey.

According to the Genworth 2021 Cost of Care Survey, the monthly median cost of nursing home care in the United States is $7,908 for a shared room and $9,034 for a private room.

Who is eligible for the $3000 senior assistance program in California? ›

You may qualify if you meet at least one of the following requirements: • You're aged 65 or older. You're blind or have a disability. You live in a nursing home or intermediate care home.

$24.26/hour

As of May 2024, the average starting rate for a home care in Los Angeles, CA is $24.26 per hour. The weekly cost for a home care working a 40-hour week in Los Angeles, CA is $970 while the monthly cost is approximately $3,154 for 130 hours of work.

Average child care & daycare costs

The average cost of child care is $400 to $1,500 per month or $100 to $350 per week for center-based daycare programs. Infant daycare costs $650 to $1,500 per month, while toddler programs cost $550 to $1,100 per month.

The average national monthly health insurance cost for one person on an Affordable Care Act (ACA) plan without premium tax credits in 2024 is $477.

Nursing home residents pay with a variety of methods, including personal savings, long-term care insurance, and government assistance programs, like Medicaid or Veterans benefits, if they qualify.

According to Genworth's 2021 Cost of Care Study — the most recent numbers available — the national average for a private room in a nursing home was $108,405 per year. For a semi-private room, you'd pay $94,900 per year.