Care home fees. In the UK you can expect to pay on average around £31,200 a year in residential care costs, rising to over £43,700 a year if nursing care is necessary*. The cost of residential care can vary considerably by location and depends on whether you also require nursing or dementia care. *Laing & Buisson Care of Older People UK Market Report 2016/17.
It indicates average day school fees are now £13,194 per year and boarding fees cost an average of £30,369.
Private schooling from primary age to A-levels totals £286,000 for a day place and £468,000 for a boarder, the report from Killik and Co finds.
London remains the most expensive region, with an average day school place costing £15,500 per year.
The north of England and Scotland were the cheapest, at £10,400 and £10,700 respectively.
In a survey of 250 parents who privately educate their children, over a third (37.2%) said they saw private education as an “investment priority”.