Rising Costs for Long-Term Care

The median annual cost of all types of long-term care has risen faster than inflation over the past two decades.

A line chart of the cost of a private room in a nursing home, a home health aide, and an assisted living facility each year from 2004 to 2021.

Note: Costs are adjusted for inflation and shown in 2021 dollars. Home health care aide figures for 2005-07 are omitted because Genworth used a different methodology than in other years.

Source: Genworth Cost of Care Study

Credit: KFF Health News and The New York TimesEmbedDownload image