Submitted by Anonymous on
The Center for Retirement Research at Boston College published an article that discusses the comparative costs of long-term care.
The post includes a U.S. map (originally created by Genworth) that shows state by state data on the annual cost of a semi-private room in a nursing facility.
Annual costs range from $45,000 to $273,750 in Alaska.
Data is based on 15,300 U.S. nursing homes.
The median national price for a private room is $222 per day or $81,030 per year.
On average, women need more care (3.7 years) than men (2.2 years).
Prices are increasing at a rate of between 6 percent and 17 percent per year.
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