The MetLife Mature Market Institute just published an annual survey of assisted living, nursing home, and other elder-care costs. Researchers surveyed elder care facilities throughout the U.S. on cost and levels of care between April and August of 2012 They survey found that average rates for long-term care throughout the U.S. continue to rise.<\/p>\n
The most important thing the survey determined is that location matters. The average rate charged nationwide for a nursing home private room is $248 per day, which adds up to $90,520 per year. The cost varies widely from state to state, though, with the same room costing more than $400 per day in Connecticut, but only $157 per day in Louisiana. If you are an older resident of California, your nursing home costs will very well be exorbitant in the San Francisco Bay Area, but is closer to the national average if you are further south, such as (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The MetLife Mature Market Institute just published an annual survey of assisted living, nursing home, and other elder-care costs. Researchers surveyed elder care facilities throughout the U.S. on cost and levels of care between April and August of 2012 They…<\/span><\/p>\n