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Understanding the Cost of Care for Aging Adults 

Senior care should be about meeting individual needs. But we understand that for families of who are considering care options for aging adults, the cost can be a major worry. Selecting the right care is important and you want to ensure it’s the best fit and value for your unique situation.
Home Instead Caregiver pours coffee for senior man sitting at home

How Do You Decide on Senior Care?

Evaluating Senior Care Options

Senior care cost/benefit comparisons can go beyond the bottom-line dollar amount. Consider what service features will likely enhance your loved one’s life. Your evaluation may include factors like:

Location | Care Type | Amount of Daily Care | Personal Space | Personalized Care Plans | Overall Experience

Senior Care Cost Comparison

Average Costs in Kentucky

In home care is a one-to-one service that helps older adults age safely and independently at home with the assistance of a caregiver. Services may include:

  • Household tasks that the senior cannot manage alone
  • Homemaker services such as cooking, cleaning or running errands
  • Hands-on personal care

The above cost represents the average in Kentucky for 16-44 hours of care per week. Contact your local independently owned and operated Home Instead office to learn more about hourly rates and services near you.

Assisted living facilities, also known as residential care facilities, provide personal care and health services for people who may need assistance with activities of daily living. Assisted living is an intermediate level of long-term residential care. The cost reflected above does not specify the average number of one-to-one hours of care provided.

Nursing home facility services may include: personal care assistance, room and board, supervision, medication, therapies and rehabilitation and skilled nursing care up to 24 hours a day. The cost reflected above does not specify the average number of one-to-one hours of care provided.

Tailor-Made Care Plans & Packages

In-home care services can help people at any point within the aging process. But care needs rarely fit neatly into a standard package. We start with needs of the individual and develop a personalized care package and plan.

Home Instead Caregiver and aging woman talking and smiling at home.

Your Options for Paying for Home Care

Today, you may be able to take advantage of many programs to make personalized in-home care a reality for your family. We recommend you look at the following options to review if any can work for you.

Home Instead Caregiver and senior woman with cane stand smiling together at home
  • Medicaid waiver
  • Veterans (VA) assistance
  • Long-term care insurance
  • Dementia Care Grant through our partnership with HFC
  • Home equity line of credit
  • Reverse mortgage
  • Private pay