Nursing home costs rise 6% in 2006, study finds
The average cost of nursing home care for private and semi-private care expanded each by 6% this year, according to a national study commissioned by the New York Life Long-Term Care Division.The average cost of a private nursing home room with a single occupant climbed to $74,445 per year, the study found. This is an annual increase of $4,015 per year. The study also found that non-private rooms, based on double occupancy, rose to $65,700 a year – an increase of $3,650 annually. The study included more than 2,300 nursing homes within 90 Metropolitan Statistical Areas (MSAs) throughout the U.S. CareScout conducted the study.
Alaska, Connecticut and New York City reported the highest costs for private rooms – $311 or more per day.