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Nursing Home and Assisted Living Costs
Each year, the MetLife Mature Market Institute conducts a market survey of nursing home and assisted living costs in the United States. The 2007 survey was conducted by telephone in 87 major markets in all 50 states and the District of Columbia by LifePlans, Inc., a risk management and consulting services firm. The survey found that nursing home rates range considerably by region.
For example, the Baton Rouge, LA area had the lowest rates for a private room in a nursing home averaging $123 per day, and Alaska the highest averaging $510 daily. For a semi-private room, the Shreveport, LA area was the lowest, with an average daily rate of $115, and Alaska the highest averaging $504 per day.
Assisted living rates also ranged considerably by region, with Indianapolis, IN the lowest ($1,963 monthly) and the Washington, DC area the highest ($5,031 monthly).A Summary of National FindingsNursing Homes:Average nursing home costs are currently $185 per day semi-private room, plus the costs of physician visits, medications, therapy and supplies.
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