Hiring a caregiver can get expensive, especially if you don’t have the proper insurance to have it covered. Paying privately for a caregiver can quickly add up. Continue reading to find out how to calculate the cost of hiring a caregiver.
Part-Time Hourly Caregiving Costs
To calculate the costs of hiring a caregiver part-time, there are three things you need to know:
- The number of hours per day that care is needed
- The number of days per week care is needed
- The average hourly or daily rate for caregivers in your area
The hourly rate for caregivers can vary depending on the area you live in. In Las Vegas, for example, the hourly rate for caregivers ranges from $9/hour to upwards of $15/hour, depending on the type of care that is required and the experience of the caregiver.
Live-In Care or Long-Term Assistance Caregiving Costs
In order to calculate the costs of obtaining live-in care or long-term assistance, there are only two things you need to know:
- The number of days per month care is needed
- The average daily cost for care
The average daily rate can vary greatly depending on where you live. In most areas, you can expect to pay between $350 to upwards of $550 per day depending on the amount and type of care that’s needed.
Options to Help Cover the Cost of Home Care
There are many options available to help cover the cost of home care. Some of these include:
- Long-term care insurance
- Life insurance
- Savings and retirement funds
- Reverse mortgage
- Veteran’s benefits
- Aging and disability services
Other Options to Consider
As you can see, caregiving services and live-in care services can add up quickly. However, there’s another option to consider when it comes to providing care for an elderly loved one. That option is adult daycare. At Nevada Adult Day Healthcare Centers, we provide a solution for seniors who require daily care but prefer to live at home with loved ones. We provide many services, such as nursing, physical therapy, occupational and speech therapy, assistance with daily living activities, social and recreational activities, healthy and hot meals, health education, podiatry services, transportation, and more. Contact us for more information about the services we provide or if you would like to visit our facility.