Costs of Nursing Home Care

The MetLife Market Survey of Nursing Home & Home Care Costs revealed tremendous cost differences among cities for the same basic type of room and standard of care.

The average daily rate for a private room is $192 ($70,080 per year).

Here are cities with rates significantly below average:

• Shreveport, LA ($99)
• New Orleans, LA ($107)
• Kansas City, MO  ($129)
• St. Louis, MO ($130)

Here are cities with rates significantly above average:

• Stamford, CT  ($331)
• New York, NY ($312)
• San Francisco, CA ($293)
• Boston, MA ($284)

Thus, an elderly individual considering relocating should give serious consideration to the cost of nursing home care when deciding where to live.