Obviously, there are a lot of home modifications to consider when thinking about aging in place. The amount you’ll have to do — and the ensuing cost — will depend largely on your level of mobility and mental health. Basic changes can cost just a few thousand dollars, but this can increase with the scale of your renovations. For example, a bathroom reno can set you back between $20,000 to $30,000 but adding an elevator to get to multiple floors can cost over $100,000. In-home care, which involves hiring someone to assist with tasks like bathing, managing the home, and health care could cost upwards of $30 an hour. Also, if require a permit for any large and extensive renovations, your property taxes could go up – and with it, the cost of your monthly hydro and gas bills.