Cost of in-home home care vs. nursing homes
The cost of in-home care depends greatly on need. The median annual cost of a 24/7 home health aide was $297,024 in 2024, according to the most recent Genworth and CareScout Cost of Care Survey. By comparison, the national annual median cost of 24/7 nursing home care is $111,325 a year for a semi-private room and $127,750 for a private one, according to Genworth and CareScout. This price tag includes basic daily living costs including food, housing and medical supplies in addition to round-the-clock access to skilled nurses and aides.
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