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Nursing Home Care Tops $90,000
Financial : Nursing Home Care Tops $90,000
November 27, 2012 -- Even as most people's pay stays the same or even declines, the cost of nursing home and assisted living continues its inexorable march upwards. That's according to the MetLife Mature Market Institute, which recently released its annual survey of care costs. If you download the survey you get access to the state by state and regional costs for care in nursing homes, assisted living facilities, home health care aides, and adult day care.
Home Health Aides
The national average for home health aides stayed unchanged in 2012 at $21/hour.
The average daily live-in rate for a home health aide is $251 and $247 for a homemaker/companion, roughly the same as it costs to stay in a nursing home.