New data suggests the cost of LTC remains on the rise.
Below are the median averages and their respective growth rates.
Home Health Aide
$20/hr representing a 1.27% increase from prior year
1.03% annualized growth over prior 5 years
Adult Day Care
$69/day representing a 5.94% increase from prior year
2.79% annualized growth over prior 5 years
Assisted Living Facility
$3,600/mo representing a 2.86% increase from prior year
2.48% annualized growth over prior 5 years
Nursing Home (semi-private room)
$220/day representing a 3.77% increase from prior year
3.53% annualized growth over prior 5 years
Nursing Home (private room)
$250/day representing a 4.17% increase from prior year
3.95% annualized growth over prior 5 years
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