Need That Money

The Cost of Senior Healthcare in the US: Median Monthly Rates and Best/Worst States

As the population ages, the cost of elderly care rises. For many retired individuals, the cost of care can be a significant burden, often eating away at their retirement savings.

In this article, we’ll explore the average cost of senior healthcare in the US, uncovering the national median monthly costs for six senior services. This information can be used to help families plan for the costs of elderly care and prepare for their financial needs in the future.

Average Cost of Senior Healthcare in the US

When it comes to senior healthcare, costs can vary greatly based on the type of care needed and the location of the services. However, national median costs can provide a useful benchmark for planning purposes.

Here are the monthly median costs for six senior services in the US:

1. Assisted Living – $4,051

Assisted living facilities provide housing, meals, and personal care for elderly individuals who need help with daily activities but do not require skilled nursing care.

The cost of assisted living can vary widely depending on the location, size of the room, and level of care needed. 2.

Home Health Aide – $4,481

Home health aides provide non-medical care in the home, such as help with bathing, dressing, and meal preparation. The cost of a home health aide can vary based on the number of hours needed and the amount of care required.

3. Homemaker Services – $4,195

Homemaker services provide non-medical care in the home, such as housekeeping, laundry, and meal preparation.

This service is often used in conjunction with home health aide services. 4.

Adult Day Health Care – $1,625

Adult day health care provides social and recreational activities, as well as meals and limited health care services. This service is typically used for seniors who need some level of supervision during the day but do not require round-the-clock care.

5. Skilled Nursing Facility – $8,821

Skilled nursing facilities provide 24-hour nursing care, as well as rehabilitative services, for seniors who require a high level of medical care.

The cost can vary based on the level of care needed and location of the facility. 6.

Continuing Care Retirement Community – $4,637

Continuing care retirement communities offer a spectrum of care from independent living to skilled nursing care. The cost of these communities can vary based on the level of care needed and the size and location of the community.

Conclusion

The cost of senior healthcare can be a significant burden for many retired individuals. Understanding the national median monthly costs for different types of senior services can help families plan for the costs of elderly care and prepare for their financial needs in the future.

It’s important to remember that these costs can vary widely based on location and level of care needed, so it’s important to research specific facilities and services to get an accurate estimate. By planning ahead, families can ensure that their loved ones receive the care they need without sacrificing their financial stability.

Top 10 Best States for Senior Healthcare

As America’s population ages, states with a high quality of elderly care are becoming increasingly important. The quality of care offered in each state varies greatly, from the cost of care to the quality of care.

Here are the top 10 best states for senior healthcare in the United States and the unique features that make them stand out. 1.

Tennessee

Tennessee is one of the top states for senior healthcare due, in part, to its low cost of assisted living. In Tennessee, the average cost of assisted living is around $3,500 per month, compared with the national median cost of $4,051.

The state also has a variety of senior healthcare options, including independent living communities, nursing homes, and home healthcare services. 2.

Kansas

Kansas is a great state for senior healthcare due to its affordable private nursing home rooms. In Kansas, the average cost of a private nursing home room is around $4,963 per month, which is lower than the national median of $8,121.

The state is also home to several top-rated nursing homes, making it an ideal location for seniors who require specialized medical care. 3.

South Carolina

South Carolina is a great state for senior healthcare due to its affordable adult day healthcare and private nursing home rooms. In South Carolina, the average cost of adult day healthcare is around $1,500 per month, which is lower than the national median of $1,625.

Additionally, the state has a diverse range of senior living communities, from assisted living communities to independent living communities. 4.

Georgia

Georgia is a great state for senior healthcare due, in part, to its overall affordability. The cost of senior living in Georgia is below the national average, which makes it an attractive option for seniors on a budget.

The state is also home to several high-quality nursing homes and specialized care facilities making it an ideal location for seniors who require specialized medical care. 5.

Texas

Texas is a great state for senior healthcare due to its affordable private and semiprivate nursing home care and adult day healthcare. In Texas, the average cost of a private nursing home room is around $5,323 per month, which is lower than the national median of $8,121.

The state has several top-rated senior living communities, making it an ideal location for seniors who require specialized care. 6.

Alabama

Alabama is a great state for senior healthcare due to its affordable assisted-living facility and adult day care. In Alabama, the average cost of assisted living is around $3,271 per month, which is lower than the national median of $4,051.

Additionally, the state has a variety of senior healthcare options, including nursing homes and home healthcare services, making it an ideal location for seniors who need specialized care. 7.

Missouri

Missouri is a great state for senior healthcare due to its affordable semiprivate-room nursing home care. The average cost of semiprivate-room nursing home care in Missouri is around $4,780 per month, which is lower than the national median of $7,756.

Additionally, the state has several top-rated senior living communities, making it an ideal location for seniors who need specialized medical care. 8.

Mississippi

Mississippi is a great state for senior healthcare due, in part, to its affordable home healthcare and assisted-living facility. In Mississippi, the average cost of home healthcare is around $3,433 per month, which is lower than the national median of $4,481.

Additionally, the state has several top-rated nursing homes, making it an ideal location for seniors who require specialized medical care. 9.

South Dakota

South Dakota is a great state for senior healthcare due to its affordable nursing home care, assisted living, and home healthcare services. The average cost of nursing home care in South Dakota is around $7,148 per month, which is lower than the national median of $8,821.

Additionally, the state has several top-rated senior living communities, making it an ideal location for seniors who require specialized medical care. 10.

North Carolina

North Carolina is a great state for senior healthcare due to its affordable adult day healthcare and private and semiprivate nursing home rooms. In North Carolina, the average cost of adult day healthcare is around $1,500 per month, which is lower than the national median of $1,625.

Additionally, the state has several top-rated senior living communities, making it an ideal location for seniors who need specialized medical care.

Top 10 Worst States for Senior Healthcare

While some states are great for senior healthcare, others fall short of meeting the needs of the elderly. Here are the top 10 worst states for senior healthcare.

1. New Hampshire

New Hampshire is one of the worst states for senior healthcare because of its high cost of nursing home care.

In New Hampshire, the average cost of a nursing home room is around $10,646 per month, which is higher than the national median of $8,821. 2.

New Jersey

New Jersey is a challenging state for senior healthcare due to its high cost of private nursing home rooms. In New Jersey, the average cost of a private nursing home room is around $12,789 per month, which is much higher than the national median of $8,121.

3. New York

New York is one of the worst states for senior healthcare due to its high cost of nursing home care and private nursing home rooms.

In New York, the average cost of a nursing home room is around $14,787 per month, which is significantly higher than the national median of $8,821. 4.

District of Columbia

The District of Columbia (D.C.) is one of the worst states for senior healthcare due to its high cost of assisted-living facilities and nursing homes. In D.C., the average cost of an assisted-living facility is around $7,500 per month, which is much higher than the national median of $4,051.

5. North Dakota

North Dakota is a challenging state for senior healthcare due to its high cost of semiprivate-room nursing home care.

In North Dakota, the average cost of semiprivate-room nursing home care is around $9,650 per month, which is higher than the national median of $7,756. 6.

Hawaii

Hawaii is one of the worst states for senior healthcare due to its high cost of nursing home care. In Hawaii, the average cost of a nursing home room is around $11,431 per month, which is significantly higher than the national median of $8,821.

7. Massachusetts

Massachusetts is a challenging state for senior healthcare due to its high cost of private nursing home rooms.

In Massachusetts, the average cost of a private nursing home room is around $12,015 per month, which is much higher than the national median of $8,121. 8.

Connecticut

Connecticut is one of the worst states for senior healthcare due to its high cost of nursing home care and private nursing home rooms. In Connecticut, the average cost of a nursing home room is around $13,033 per month, which is significantly higher than the national median of $8,821.

9. Alaska

Alaska is a challenging state for senior healthcare due to its high cost of nursing home care and adult day healthcare.

In Alaska, the average cost of nursing home care is around $25,205 per month, which is significantly higher than the national median of $8,821. 10.

Delaware

Delaware is one of the worst states for senior healthcare due to its high cost of nursing home care and private nursing home rooms. In Delaware, the average cost of a nursing home room is around $10,131 per month, which is higher than the national median of $8,821.

Other States

The cost of senior care can vary significantly from state to state. Here are the average costs for senior care in 24 states and some tips from AARP to help seniors live on a budget during retirement.

1. California

In California, the average cost of assisted living is around $4,500 per month, and the average cost of a private room in a nursing home is around $10,646 per month.

2. Florida

In Florida, the average cost of assisted living is around $3,500 per month, and the average cost of a private room in a nursing home is around $9,064 per month.

3. Illinois

In Illinois, the average cost of assisted living is around $4,170 per month, and the average cost of a private room in a nursing home is around $7,830 per month.

4. Indiana

In Indiana, the average cost of assisted living is around $4,382 per month, and the average cost of a private room in a nursing home is around $8,297 per month.

5. Massachusetts

In Massachusetts, the average cost of assisted living is around $5,640 per month, and the average cost of a private room in a nursing home is around $12,015 per month.

6. Michigan

In Michigan, the average cost of assisted living is around $3,750 per month, and the average cost of a private room in a nursing home is around $9,732 per month.

7. New Jersey

In New Jersey, the average cost of assisted living is around $6,325 per month, and the average cost of a private room in a nursing home is around $12,789 per month.

8. New York

In New York, the average cost of assisted living is around $4,630 per month, and the average cost of a private room in a nursing home is around $14,787 per month.

9. North Carolina

In North Carolina, the average cost of assisted living is around $3,600 per month, and the average cost of a private room in a nursing home is around $9,472 per month.

10. Ohio

In Ohio, the average cost of assisted living is around $4,278 per month, and the average cost of a private room in a nursing home is around $9,288 per month.

11. Pennsylvania

In Pennsylvania, the average cost of assisted living is around $3,555 per month, and the average cost of a private room in a nursing home is around $10,574 per month.

12. Texas

In Texas, the average cost of assisted living is around $3,750 per month, and the average cost of a private room in a nursing home is around $5,323 per month.

13. Utah

In Utah, the average cost of assisted living is around $3,400 per month, and the average cost of a private room in a nursing home is around $7,377 per month.

14. Virginia

In Virginia, the average cost of assisted living is around $3,922 per month, and the average cost of a private room in a nursing home is around $9,537 per month.

15. Washington

In Washington state, the average cost of assisted living is around $4,500 per month, and the average cost of a private room in a nursing home is around $9,125 per month.

16. Wisconsin

In Wisconsin, the average cost of assisted living is around $4,000 per month, and the average cost of a private room in a nursing home is around $9,023 per month.

17. Tennessee

In Tennessee, the average cost of assisted living is around $3,500 per month, and the average cost of a private room in a nursing home is around $8,508 per month.

18. Georgia

In Georgia, the average cost of assisted living is around $3,500 per month, and the average cost of a private room in a nursing home is around $8,907 per month.

19. Alabama

In Alabama, the average cost of assisted living is around $3,271 per month, and the average cost of a private room in a nursing home is around $7,705 per month.

20. Missouri

In Missouri, the average cost of assisted living is around $2,881 per month, and the average cost of a private room in a nursing home is around $7,282 per month.

21. Mississippi

In Mississippi, the average cost of assisted living is around $3,200 per month, and the average cost of a private room in a nursing home is around $7,760 per month.

22. North Dakota

In North Dakota, the average cost of assisted living is around $3,600 per month, and the average cost of a private room in a nursing home is around $9,650 per month.

23. South Dakota

In South Dakota, the average cost of assisted living is around $3,500 per month, and the average cost of a private room in a nursing home is around $7,148 per month.

24. Wyoming

In Wyoming, the average cost of assisted living is around $4,040 per month, and the average cost of a private room in a nursing home is around $8,866 per month.

Tips from AARP on Living on a Budget during Retirement

Living on a fixed income during retirement can be

Popular Posts