Long-term care can be very expensive. Those of you who have had friends or family who have required long-term care know what it can cost. Many people have no idea what LTC costs can run.
How much does long-term care cost?
You can find the average annual and daily costs for Nursing Facility Care, Assisted Living Facilities and Home Care, buy using our Cost of Care Calculator.
Select the region where you anticipate receiving care, as if you retire to a different part of the country the costs could vary greatly from the costs of the area where you currently reside.
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Sticker Shock:
30% of people surveyed believe the average annual cost of a nursing home stay is between $15,000 and $30,000.
~ Senior Survey 2005, Senior Market Advisor
The national average for a private room in a nursing home is actually $77,745!
- The MetLife Market Survey of Nursing Home & Assisted Living Costs, October 2007
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