Costs of Senior Care: Home Care vs. Nursing Home Care 14. March 2011 0 Caregiver Jobs, Caregiving Issues (2) Planning for senior care includes deciding where a senior would like to receive care, should they require caregiving services. Insurance actuaries advise that everyone should plan on needing at least 2 years of senior care services. This is because short-term care may be required after a stroke, hip replacement or heart attack and longer term care may be required as one becomes older and may need assistance with all aspects of daily living. Senior care costs should be researched to assist with determining the right care options. Learn about the actual prices of nursing homes nationwide on Caregiverlist. For instance, the daily price of a room at the Abington of Glenview, Illinois is $290 and at the Canterbury Towers Health Center in Tampa, Florida, the daily cost is $290. Also learn about the costs of senior home care with a licensed senior home care agency which provides professionally managed one-on-one care in the home.