Aged care costs explained
Understanding aged care home accommodation costs
When you or a loved one moves into an aged care home, one of the first questions is: “What will this cost?”
The good news is that aged care in Australia is government-subsidised, which means the government helps cover part of the cost. What you pay depends on a few things:
- Your financial situation – assessed through income and assets.
- The type of care you need – everyday living, personal care, or clinical support.
- The provider you choose – each home may have different accommodation options.
We encourage you to speak with an independent financial adviser before moving into an aged care home.
Payment Options Overview
If you move into an aged care home for permanent care, you will pay fees under one of 2 arrangements: 1 July 2014 fee arrangements or 1 November 2025 fee arrangements. However, if you were approved for or accessing a Home Care Package before 12 September 2024, you are protected by the ‘no worse off principle’ and will pay fees under the 1 July 2014.
Fees explainedAre you eligible?
The first step to access government-funded aged care services is to check your eligibility for an assessment. You can do this online, or by calling My Aged Care to talk about your needs on 1800 200 422.
If you have previously registered with My Aged Care, you cannot apply for an assessment online and will need to call My Aged Care.