Politics· States Newsroom

Caring for aging parents is getting more expensive

States Newsroom · October 28, 2026

Costs are soaring for people who care for their older parents and other family members, according to a new study. Out-of-pocket expenses are nearly 60% higher than they were just five years ago for family caregivers, who now spend an average of $11,508 a year on caregiving, according to a report released this week by…

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Caring for aging parents is getting more expensive

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