Assisted Living, Nursing Home Prices Continue to Increase

October 27th, 2010

Nursing home and assisted living rates rose significantly from 2009 to 2010, according to the Market Survey of Long-Term Care Costs. Private room nursing home rates rose 4.6% to $229 per day or $83,585 per year, while assisted living rose 5.2% on average to $3,293 per month, or $39,516 per year. These increases come on top of increases from 2008 to 2009 when both nursing home and assisted living costs were up 3.3%.

The market survey, which includes state and major area details, can be downloaded via

www.MatureMarketInstitute.com.

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