The Best Home Care Agencies for Seniors in Bronx, NY for 2025

Seniors in the Bronx pay an average of $5,529 per month for home care according to the Genworth 2021 Cost of Care Survey. This rate is $190 above New York State’s average of $5,339 and $570 higher than the national median of $4,957. Across the state, seniors in Binghamton, the Poughkeepsie area and the state capital of Albany pay $190-$720 less than those here. However, older residents in Ithaca pay $570 more than elders in the Bronx.

Seniors in the Bronx can choose from multiple care arrangements as their budgets and preferences allow. Adult day health care is the most affordable option with an average cost of $1,950 per month. Home care providers charge $5,529 per month. Home health care, which includes skilled medical services, costs $5,720 monthly. Assisted living facilities offer a level of care similar to in-home services, along with room and board and social programs, for $5,750. The most expensive care is in nursing homes where seniors can expect to pay $12,471 for a semiprivate room.

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.