Friday, November 9, 2012

Private Nursing Home Rooms Now Average $90,520 a Year

According to a new report, the average annual charge for a private room at a nursing home has climbed to $90,520. This is a 3.7 percent increase over last year's figure.

Semi-private rooms rose 3.7 percent to $81,030 and assisted living residency was up 2.1 percent to $42,600.

Over the past five years, costs for a private room in a nursing home have gone up by an average of 4 percent annually. Semi-private room increases have averaged 3.8 percent a year and assisted living costs saw a 4.1 percent annual jump.

To learn more, click here.

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