Long-Term Elder Care: What It Costs in Your State

The recently released Cost of Care survey from Genworth Financial looked at the average prices of home care providers, adult day health care facilities, assisted living facilities and nursing homes across the country, and unsurprisingly, found that there are staggering variations. The priciest state for nursing home care in the U.S. averages more than four times as much as the cheapest.

But low end or high end, overall, the cost of care among facility-based providers has been increasing steadily. In 2005, the median annual rate for a private nursing home was $60,225; by 2011, it had risen to $77,745.

via Long-Term Elder Care: What It Costs in Your State - DailyFinance.