June 21, 2024
Nursing Home Cost

As the growing population ages, the need for long-term care increases. Nursing homes are a popular option for those who need assistance with activities of daily living (ADLs) or have a cognitive impairment. These long-term care facilities provide skilled care and around-the-clock supervision, but they can also be expensive for long-term stays.


Read on to learn more about how much nursing homes generally cost and ways to cover the expense.

How much is a nursing home per month?

According to Genworth’s Cost of Care Survey, the average cost of a semi-private room in a nursing home in the U.S. is $7,908 per month or $260 per day. The average cost of a private room is even higher at $9,034 per month or $297 per day.


Nursing home costs by state

The average cost of a nursing home varies considerably by state and zip code. According to MedicaidPlanningAssistance.org, a free service by the American Council on Aging, some of the lowest costs in the nation can be found in parts of Louisiana and Texas, where a room in a nursing home can cost around $180 per day. On the other hand, some of the highest costs can be found in parts of Alaska, where residents might pay over $1,000 per day.


The table below includes the average cost of nursing homes by state. While this information can give you a general idea of what you can expect to pay, remember that actual costs vary by area.

Factors that affect the cost of nursing home care

Multiple factors affect the cost of nursing home care, from the facility’s location to the level of care the resident requires. Let’s go over them in detail.


Level of care required

Besides room and board and social enrichment, nursing home stays generally include medication monitoring, assistance with ADLs (things like toileting and personal hygiene), and round-the-clock emergency care. They may also be equipped to provide physical, speech and occupational therapy.


Prices vary by institution, however, and some charge depending on the type of service and level of care the resident requires. If your loved one needs specialized care that can only be provided by a medical professional or services beyond what the institution defines as basic care, you’ll likely end up paying extra.


Type of facility

Nursing homes provide custodial care (the kind you might need if you require assistance with ADLs), but they also generally employ registered nurses and licensed health professionals with specialized training. This makes nursing homes more expensive than other senior living options.


Independent living complexes and assisted living facilities may cost less because they don’t provide extensive medical care. Residents are provided a safe place to live and interact with other seniors and some assistance with ADLs.


Amenities and services

Nursing homes offer different amenities and services. As illustrated in the table with nursing costs by state, single rooms are more expensive than shared rooms. Some facilities also charge more for private balconies, private transportation or concierge services.


Geographic location

Again, location has a bearing on nursing home rates. Facilities in larger metropolitan areas tend to cost more than those in rural areas because of the higher costs of living. Similarly, nursing homes in areas with fewer facilities and greater demand tend to be much more expensive (as is the case in areas of Alaska).


Other factors that can affect what a nursing home may charge you include the cost of labor in your state and, if you qualify for long-term care benefits under Medicaid, how much Medicaid will pay toward your nursing home stay.

Leave a Reply

Your email address will not be published. Required fields are marked *