Unpaid carers across the UK are left out of pocket by an average of £2,494 a year due to the cost of caring - even with the additional benefit of receiving Carer’s Allowance.
The research, conducted by Later Living Marketplace Lottie, found the shortfalls equated to an average of £207 a month.
According to the research the added financial burden for carers came from expenses like travel, household bills, and equipment costs.