10 Most Expensive Markets for Long-Term Care
April 14, 2014 7:31 AM
10 Most Expensive Markets for Long-Term Care
The costs of long-term care are soaring.
In the last five years the average cost for nursing home care in the U.S. has gone up 20% to $95,706 per year from $79,935 in 2009, according to a recent study commissioned by New York Life.
The study identifies the 25 most expensive markets in the country for long-term care. Click through to see the top 10 most expensive markets or see the full list in a single-page version here.
In the last five years the average cost for nursing home care in the U.S. has gone up 20% to $95,706 per year from $79,935 in 2009, according to a recent study commissioned by New York Life.
The study identifies the 25 most expensive markets in the country for long-term care. Click through to see the top 10 most expensive markets or see the full list in a single-page version here.
<b>10. San Francisco-Oakland-San Jose, Calif.</b>
Nursing Home Private Room Annual Rate: $130,283
Rank in 2009: 12
Image by Flickr User: Alain Picard
Rank in 2009: 12
Image by Flickr User: Alain Picard
<b>9. Seattle-Tacoma-Bremerton, Wash. </b>
Nursing Home Private Room Annual Rate: $131,750
Rank in 2009: 20
Image by Flickr User: Bryce Edwards
Rank in 2009: 20
Image by Flickr User: Bryce Edwards
<b>8. San Diego, Calif. </b>
Nursing Home Private Room Annual Rate: $135,554
Rank in 2009: 15
Image by Flickr User: Clifton Morris
Rank in 2009: 15
Image by Flickr User: Clifton Morris
<b>7. Rochester, N.Y. <b>
Nursing Home Private Room Annual Rate: $141,244
Rank in 2009: 8
Image by Flickr User: Rich Engelbrecht
Rank in 2009: 8
Image by Flickr User: Rich Engelbrecht
<b>6. Boston-Worcester-Lawrence, Mass. </b>
Nursing Home Private Room Annual Rate: $146,372
Rank in 2009: 6
Image by Flickr User: Emmanuel Huybrechts
Rank in 2009: 6
Image by Flickr User: Emmanuel Huybrechts
<b>5. Hartford, Conn. </b>
Nursing Home Private Room Annual Rate: $154.118
Rank in 2009: 3
Image by Flickr User: Axel Drainville
Rank in 2009: 3
Image by Flickr User: Axel Drainville
<b>4. Poughkeepsie-Newburgh-Middletown, N.Y. </b>
Nursing Home Private Room Annual Rate: $155,180
Rank in 2009: 5
Image by Flickr User: Joseph
Rank in 2009: 5
Image by Flickr User: Joseph
<b>3. New York-Long Island, N.Y.-Northern N.J. </b>
Nursing Home Private Room Annual Rate: $155,180
Rank in 2009: 4
Image by Flickr User: Prayitno
Rank in 2009: 4
Image by Flickr User: Prayitno
<b>2. Anchorage, Alaska</b>
Nursing Home Private Room Annual Rate: $156,950
Rank in 2009: 1
Image by Flickr User: Jody Overstreet
Rank in 2009: 1
Image by Flickr User: Jody Overstreet
<b>1. Bridgeport-Stamford-Norwalk, Conn. </b>
Nursing Home Private Room Annual Rate: $159,359
Rank in 2009: 2
Image by Flickr User: 826 Paranormal
Rank in 2009: 2
Image by Flickr User: 826 Paranormal
