Cost of Nursing Homes

Our home is possibly one of the most important aspects of our lives. With many of us now living longer and the cost of living on the rise, it is no wonder that the cost of nursing homes has shot through the roof in recent years. Finding a good nursing home can be a task and a half, there are so many things to consider before taking that final decision of which nursing home to opt for. In the United States of America the demand for nursing homes is high. The population of the elderly is at an all time peak, thanks to advances in medicine it is not unusual now for people to live on to a ripe old age and way into their 80's, back in the 1940's it was very rare that people lived beyond the age of 60, with many children never knowing their grandmothers or grandfathers. The cost of each nursing home depends entirely on what facilities the home has on offer and the location of the home. Prices can vary dramatically from state to state. AssistedLivingFacilities.org shows a comparison between assisted living costs and nursing home costs on this page.

A good place to learn more about nursing homes within the United States is to browse online. There is a good deal of information and advice, which will enable you to make a concise decision as to the nursing home which you deem preferable to you or your loved one. It may however be of interest to know that both semi-private and private care where 6 percent higher in 2006 than they were in 2005. On average any single occupant would expect to pay within the region on 204 US Dollars per day which equates to an average cost of over 74,000 Dollars per year. The saving on sharing a room with another resident doesn’t save that much either and you should expect to pay at least 180 US Dollars per day for the privilege. So this means that in the space of one year between the years of 2005 and 2006 a private occupancy room increased by 11 Dollars per day and having the privilege of sharing a room equated to over 10 US Dollars per day.

So if you take this as being an average yearly rise then you would expect to pay in the region of 90,505 Dollars for the luxury of staying in a single occupancy room within a nursing home in the United States. In 2006 the top five regions within the US with the highest cost for private nursing care were New York City, Hudson Valley (New York), Connecticut (New England – Southern), Connecticut (New England – Connecticut Valley) and Alaska. There are hundreds of nursing homes in and around the United States which offer great care for their residents. Before committing to any nursing home it is worth while to research your options thoroughly.