The cost of a room in residential aged care is one of the biggest worries for people making this move. The cost can seem expensive, with prices ranging up to $2 million for a room.

But just as house prices vary, so can aged care room prices. It is important to review your priorities and choose a room that is within your affordable price range. If you are assessed with low financial capacity, the pricing rules change, and the government may pay part of the room price to make it more affordable.