The cost of a nursing home depends on many factors, including location, services provided and whether the facilities you consider offer short-term, long-term or acute care. Insurance or Medicare may pay some nursing home expenses, although how much is covered varies by the plan and care needs.
Many nursing home facilities include pricing by the day for those needing short-term care as well as pricing by the month.
Genworth’s Cost of Care Survey reveals that in the United States, a private room in a nursing home costs an average of $8,121 a month. For a semi-private room, the average cost is $7,148 a month. Various factors impact how much a nursing home stay costs including location, size, length of stay and services offered. According to the Center for Disease Control’s most recent statistics, 1.4 million seniors lived in nursing homes in 2014 with 15,600 nursing homes in operation.
The cost of a nursing home varies significantly depending on the location. For example, in Alaska, the average cost for a private room is $800 per day, whereas the same room in Oklahoma would cost an average of $147 per day. Nursing homes in popular cities tend to cost more than in rural areas.
The most expensive states for nursing home care are Alaska, Connecticut, Massachusetts, Hawaii, New York, North Dakota and Delaware with daily costs above $350. The states with the lowest cost for nursing home care are Oklahoma, Texas, Missouri, Arkansas, Louisiana, Kansas, and Utah with daily costs under $185.
There is not a single nursing home that is perfect for every person. Each patient has their own needs, health concerns and goals they work toward. Even factors such as insurance coverage and payment options heavily influence your decision. You’ll need to take the time to review the nursing homes in your area to find the best option.
As you start your search for a nursing home, keep these tips in mind:
Fortunately, there are many nursing homes in the United States to choose from. If one doesn’t look like it will be a good fit, it’s okay to keep looking.
The number of nursing homes available increases each year, as the number of aging people in the United States goes up. Even so, some nursing homes have waiting lists, while others only accept certain payment options. Starting your search for the right nursing home early will ensure that you have the best options available.
Whether you’re looking at nursing homes for short-term rehab services post-surgery or a long-term option for a loved one that requires 24/7 skilled nursing care, you want to choose the best nursing home on the first try. Each nursing home has its own specialization and the type of care it’s known for. It’s important to make sure that its focus aligns with what your loved one needs.
Cost is inevitably one of the biggest factors you think about when searching for senior housing. It’s important to know where you can afford to live based on your personal budget or circumstances. We ranked our cities from least expensive to most expensive to give you a snapshot of nursing home costs by location.
We believe everyone deserves to make thoughtful, informed purchase decisions. As a result, we provide our buyers guides and local guides free for consumers.
We may receive compensation from our partners. However, Retirement Living independently researches companies, and the compensation we receive does not affect the analysis of our staff or the opinions of our subject matter experts. The subject matter experts mentioned in our guides have specific knowledge or credentials in their field.
Retirement Living will not include companies on our guides that do not meet our quality standards. The compensation we receive from our partners may impact how and where companies appear on our site, including the order in which they appear.
Retirement Living independently researches companies, and we use editorial discretion to award companies with special recognition (i.e. Best Value) based on our staff's judgement or subject matter expert's judgement. We do this to help you identify companies that will meet your specific buying needs, and we do not receive compensation for these designations.
Additionally, Retirement Living is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com, amazon.ca, or amazon.co.uk.