Nationwide costs for long term care
- The national median annual cost for a private nursing home in 2014 is $87,600.1
- In 2013, care recipients will spend an average of $14,000 for out-of-pocket expenses, not including the cost of facility care. In the same year, family members will spend an average of $8,080 for out-of pocket expenses, not including the cost of facility care.2
- In 2014, a private room in a nursing home costs $240 per day and a semi-private room costs $212 per day.1
From in-home care to nursing home costs, the cost of long term care may vary greatly depending on where you live.
Learn more about long term care impact
*Individual stories and quotes are fictitious and are used for demonstrative purposes only.
1 Genworth 2014 Cost of Care Survey, conducted by CareScout®, April 2014. Based on median annual costs, which vary among states. CareScout is a Genworth company.
2 Beyond Dollars: The True Impact of Long Term Caring, Genworth Financial, 10/31/2013.
3 Scott, Dylan. “States Seek to Keep Seniors Out of Nursing Homes”. Governing The States and Localities, Oct, 2012.