The same Genworth survey published the national average of home health aides to be $20 per hour and homemakers to be $19 per hour. Applying this hourly rate of $20 for a caregiver means that home care costs about $4900 per month, which consists of 8 hours daily / 7 days a week. Following along this line of reasoning, the cost of home care is $1400 more than assisted living. However, when it is practical to hire a caregiver for 6 hours daily rather than 8 hours, or 5 days a week instead of 7 days, then the costs are very similar.