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Caregiver Cost Calculator

Work out caregiver cost instantly with clear inputs, formula shown and shareable results.

About Caregiver Cost Calculator

Multiplies weekly care hours by the hourly rate and scales to monthly and annual cost.

Formula

Caregiver cost

Annual cost = hours per week x hourly rate x weeks per year

Worked example

With the default values below, Caregiver Cost Calculator returns Annual caregiver cost of $22,880.00. Change any input above and every figure here is recalculated in your browser.

Inputs used

Care hours per weekaccepts 1–168
20
Hourly rateaccepts 1–500
22
Weeks per yearaccepts 1–52
52

Results

Annual caregiver cost
$22,880.00
Weekly cost
$440.00
Average monthly cost
$1,906.67
Care hours per year
1,040 h

Step by step

  1. 1Values used
  2. 2Caregiver cost
  3. 3Annual caregiver cost= 22,880.00
  4. 4Weekly cost= 440.00
  5. 5Average monthly cost= 1,906.67
  6. 6Care hours per year= 1,040 h

Assumptions and limits

  • The result is derived only from the 3 inputs listed above. Anything not among them is not part of the calculation.
  • In particular, this calculator does not take inflation, tax or fees or charges into account.
  • Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Frequently Asked Questions

Should employer costs be added?

If engaging a carer directly, employer taxes, insurance and holiday pay add roughly 15 to 30%.

What about unpaid family care?

Its replacement value can be estimated with the same calculation, which is how informal care is costed in economic studies.

Related Calculators

Caregiver Cost Calculator – Calculate Annual caregiver cost