The Best Home Care Agencies for Seniors in Saratoga Springs, NY for 2025

According to the 2021 Genworth Cost of Care Survey, in Saratoga Springs, the average monthly cost for home care services is $5,148. This cost is slightly below the New York state average of $5,339 and the same as the average in Kingston. Saratoga Springs is budget-friendly compared to other neighboring cities. For example, expenses here are notably less than in Glen Falls, where home care averages $5,863, and Pittsfield, MA, with a typical cost of $5,625. 

Saratoga Springs offers a variety of senior care options, each with its own price tag. Nonmedical home care services, for instance, usually come in at about $5,148 per month. If medical services are required, home health care becomes a better fit and is a touch pricier, averaging $5,577 monthly. Seniors attending adult day health care while living at home typically spend about $1,268 a month. Assisted living, another popular option, averages about $5,269 per month. For seniors needing a higher level of care in a nursing home, a semiprivate room tends to cost about $13,437 per month.

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.