Monday, October 03, 2005

Average Cost Nursing Home Room - $74,000 a Year!

Category: Elder Law

According to the 2005 MetLife Market Survey of Nursing Home and Home Care Costs the average daily cost of a private room in a nursing home in the United States is $74,095 a year, or $203 a day, and the the average cost of a semi-private room, is $64,240 a year, or $176 a day. This breaks down to $6,174 or $5,353 per month respectively - the State of New Jersey finds the average costs of a nursing home to be $6050.

The study also found that the cost of a home health care aide averaged $19 per hour nationally,and homemaker/companion care averaged $17 per hour.

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