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

Like most of the New York metro area, Yonkers has an average home care cost of $5,529 based on Genworth Financial’s 2021 Cost of Care Survey. This figure makes the area almost $200 above the New York State average of $5,339 and nearly $600 more than the U.S. median which is $4,957. The Mid-Hudson Valley areas such as Poughkeepsie and Kingston save Yonkers seniors approximately $200 to $400 monthly, similar to Bridgeport and New Haven in the neighboring state of Connecticut.

Home health care costs almost $200 more than home care due to its licensed clinical support services and is comparable in price to assisted living, which is inclusive of monthly accommodations, daily meals and round-the-clock caregiver supervision. Seniors who are not totally homebound may find adult day health care to be a suitable arrangement and the most affordable option. Nursing home care provides 24-hour skilled support and is more than twice the cost of any other community-based care option in the area.

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.