Private rooms now top $90k
The national average annual charge for a private nursing home room rose to $90,520 this year, while semi-private rooms climbed to $81,030 and assisted living residency jumped to $42,600, according to figures from the 10th annual MetLife survey of eldercare costs, which was released the first week of November.
Average charges for private nursing home rooms rose 3.8% (to $248 per day); semi-private nursing home rooms jumped 3.7% (to $222 daily); and assisted living base rates increased 2.1% (to $3,550 monthly), according to the 2012 MetLife Market Survey of Nursing Home, Assisted Living, Adult Day Services and Home Care Costs.
In the past five years, annual costs for a private room in a nursing home averaged a 4% increase, while a semi-private room cost up to 3.8% more. The increase in assisted living costs was the greatest, at 4.1% annually.
Alaska again had the highest costs ($687 daily for a private room) while Oklahoma ($147) was the lowest. Semi-private rooms in non-metro Texas were lowest at $131 per day.