The following is taken from an article found here: https://www.elderlawanswers.com/2024-survey-shows-long-term-care-costs-continue-to-rise-20943
“An annual cost of care survey by Genworth and CareScout offers insight into the cost trends of long-term care in the U.S. The survey highlights the rising costs for in-home care, nursing homes, and community and assisted living in each state as well as nationally. According to the survey:
- The annual median cost of in-home care with a home health aide rose from $75,504 in 2023 to $77,792 in 2024.
- The annual median cost for assisted living care jumped 10 percent, from $64,200 in 2023 to $70,800 in 2024.
- The annual median cost of a private room in a nursing home rose from about $116,800 to $127,750 between 2023 and 2024.”
Rev 3/25
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