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Annual Costs: New Jersey - State Median (2017 vs. 2018)

Posted on 02/28/2018

Below is the Genworth Annual Cost: New Jersey - State Median 2017 vs. 2018 comparison.  As you can see prices are going up due to shortage of caregivers.  Please note when factoring additional costs, when considering home care services, you will need to factor in all of the household expenses such as groceries, lawn care, snow removal, association fee's, etc.  Also, the home care cost is based off 44 hours per week.  If you were to hire a live-in (24 hour caregiver) the average cost per day is $225.00 making the annual average of $82,125.00.  

Assisted Living Community
2017 - $69,732
2018 - $71,824

Home Health Aide (based off 44 hours per week)
2017 - $52,624
2018 - $54,203

Nursing Home (semi-private room)
2017 - $120,450
2018 - $124,064

Call Next Stage today to discuss your options and what care service suits your financies!