The 5 Best Home Care Agencies for Seniors in Totowa, NJ for 2025

Genworth’s Cost of Care 2021 Survey shows that home care in Totowa costs an average of $5,529 per month. This is equal to the New Jersey average, though it’s higher than the U.S. average of $4,957. Home care in both Atlantic City and Ocean City also average $5,529 per month. New Jersey’s other surveyed cities have lower costs. In Trenton, the average price is $5,148. Vineland is the most affordable of the surveyed cities, with seniors there paying $4,767 per month. 

Home care is among the more affordable senior care options in Totowa. Only adult day health care costs less at $1,950. This type of care provides assistance during the day. Home health care provides medical services, usually provided by a nurse or therapist. The cost of $5,720 is slightly higher than home care. Assisted living provides personal care in a residential setting and averages $5,750 per month. Nursing home care is the least affordable option at $12,471, reflecting the high level of medical services provided.

Given the high cost of in-home care, many people use one or more forms of financial assistance to cover the expenses. Below, we explain some of the most common sources of financial help for paying for in-home care. If none of these options are available to you, you can reach out to your Area Agency on Aging or Aging and Disability Resource Center to learn about local resources.

• Long-Term Care Insurance: Long-Term Care Insurance covers expenses related to senior care, including in-home care. Depending on the policy type, beneficiaries may receive a cash payment to use towards long-term care or reimbursement for qualifying long-term care expenses. Note that there are limitations- typically a maximum benefit of $150 per day- and exact coverage terms vary depending on the exact policy, so always check the details.
• Medicare: Medicare does not cover in-home care because it is classified as custodial, or non-medical, care. However, some Medicare Advantage and Medicare Supplement plans, which offer expanded benefits, may cover in-home custodial care.
• Medicaid: Medicaid coverage of in-home care varies between different states because it is not a federally mandated benefit. Currently, all states cover some in-home care either through their standard Medicaid or a waiver program. The specific coverage rules are set individually by each state.
• Veterans’ Benefits: The Aid and Attendance benefit is a monthly cash payment that beneficiaries can use to pay for senior care, including in-home care services. To qualify for A&A, Veterans must already receive the VA pension and meet several additional requirements, including needing assistance with the activities of daily living. Contact the Department of Veterans Affairs to learn more.
• Reverse Mortgages: Home Equity Conversion Mortgages (HECMs) are federally insured loans that are available to homeowners age 62 and over. Reverse mortgages allow you to access a portion of your home’s equity in cash, tax free. Many seniors use reverse mortgages to finance their care expenses, including in-home care. Note that although there are no monthly payments due on reverse mortgage loans, borrowers do have to repay the loan once the last surviving homeowner passes away, moves, or sells the home.