In 2023, the average annual cost of nursing homes in the U.S. was 104 thousand U.S. dollars for a semi private room and 117 thousand for a private one. It is forecasted that by 2030, the average cost of a semi-private room will be around 128 thousand U.S. dollars, while the average annual cost for a private room will be around 144 thousand U.S. dollars per year. By 2050, nursing home costs will have more than doubled that of 2023 prices.
Average annual cost of nursing home care in the United States in 2016, 2018, and 2023, with a forecast for 2030 and 2050, by room type
(in U.S. dollars)
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Genworth. (February 22, 2024). Average annual cost of nursing home care in the United States in 2016, 2018, and 2023, with a forecast for 2030 and 2050, by room type (in U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1169513/average-annual-cost-nursing-home-care-room-type/
Genworth. "Average annual cost of nursing home care in the United States in 2016, 2018, and 2023, with a forecast for 2030 and 2050, by room type (in U.S. dollars)." Chart. February 22, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1169513/average-annual-cost-nursing-home-care-room-type/
Genworth. (2024). Average annual cost of nursing home care in the United States in 2016, 2018, and 2023, with a forecast for 2030 and 2050, by room type (in U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1169513/average-annual-cost-nursing-home-care-room-type/
Genworth. "Average Annual Cost of Nursing Home Care in The United States in 2016, 2018, and 2023, with a Forecast for 2030 and 2050, by Room Type (in U.S. Dollars)." Statista, Statista Inc., 22 Feb 2024, https://www.statista.com/statistics/1169513/average-annual-cost-nursing-home-care-room-type/
Genworth, Average annual cost of nursing home care in the United States in 2016, 2018, and 2023, with a forecast for 2030 and 2050, by room type (in U.S. dollars) Statista, https://www.statista.com/statistics/1169513/average-annual-cost-nursing-home-care-room-type/ (last visited August 25, 2024)
Average annual cost of nursing home care in the United States in 2016, 2018, and 2023, with a forecast for 2030 and 2050, by room type (in U.S. dollars) [Graph], Genworth, February 22, 2024. [Online]. Available: https://www.statista.com/statistics/1169513/average-annual-cost-nursing-home-care-room-type/