Understanding aged care costs

If you’ve started your journey with My Aged Care, we can tell you how much you’ll pay towards your aged care costs.

We can tell you how much you’ll pay towards a government funded Home Care Package or a place in an aged care home. To do this, we use your income and asset information. We call these your financial details.

The financial details we need depend on your circumstances and the type of care you are applying for. In some circumstances, we may already have the financial details we need.

You can find out how much you might pay by using the Fee Estimator on the My Aged Care website. This is only a guide. We tell you the amount you will pay when you enter care and submit a calculation of your cost of aged care.

Our Financial Information Service can inform and educate you about your financial options when accessing aged care. No matter how you fund your retirement, we have information and resources to help you understand your aged care costs.

Visit the My Aged Care website to start your aged care journey.

Staff in all our offices can help you with your aged care matters. Learn more about our My Aged Care face-to-face services.

Read more about submitting an Aged care calculation of your cost of care.

Page last updated: 3 March 2022