Does it cost a lot more for my parent to remain at home as opposed to moving to a long term care home?
If you compare the cost of residence in a retirement or long term care home, where there is full time staff, to having private caregivers at home on a full time live-in basis, it will cost more per month for private care at home. However, the difference in cost also offers the added benefit of having quality one-on-one care and supervision only for your parent as opposed to a facility with a high ratio of staff to residents, where they cannot offer the same level of one-on-one care. You will pay more for the benefit, comfort and safety of keeping your parent in their own home.
