Before you decide to go into an aged care home, you should complete a means assessment at Services Australia. This establishes your eligibility for government assistance with care fees and administration costs.
Everybody is required to pay a basic daily fee – which is set at 85 per cent of the basic age pension. Depending on your income and assets, the provider may also ask you to pay a means-tested care fee.
To get an estimate of how much you will need to pay, use My Aged Care’s fee estimator tool below. If you can’t afford your aged care home costs, you might be entitled to financial hardship assistance.
Watch OPAN's webinar on Residential costs and fees
Our panel of experts unpack the changes under the Aged Care Act 2024. Learn more about how ‘no worse off’ arrangements impact older people currently in the aged care system, including those currently receiving in-home care.
Documents and external links
Learn more about residential care costs. These documents and websites offer help, strategies, and practical information. Brief descriptions are provided for each document or link.
How the new Aged Care Act will affect what you pay for - Residential aged care
Learn more about how the changes under the Aged Care Act 2024 affect what you pay for residential aged care.
My Aged Care fee estimator tool
Residential aged care costs and fees
Explore the My Aged Care website to understand the different costs associated with aged care homes, how much you might have to pay, and what the government will contribute to help you find the best option for your care needs and financial situation.