Long-Term care costs in 2010

Metlife has conducted a 2010 market survey to determine the long-term care costs across the nation.  Most costs have increased since 2009.  The survey is available here. Below are some key findings.
  • National average rates for a private room increased by 4.6%, from $219 daily or $79,935 annually in 2009, to $229 daily or $83,585 annually in 2010.”
  • “National average assisted living base rates increased by 5.2%, from $3,131 monthly or $37,572 annually in 2009, to $3,293 monthly or $39,516 annually in 2010.”
  •  “The 2010 national average private-pay hourly rates for home health aides and homemaker/companion services remain unchanged from 2009 at $21 and $19 respectively.”
  • Average Base Rate (per month) in Assisted Living: $3293
  • Average Daily Rate for Private Room in Nursing Home:  $229 
Long-Term Care Cost Calculator: To calculate your estimated long-term care costs
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About Evan H Farr, CELA, CAP

Evan H. Farr is a 4-time Best-Selling author in the field of Elder Law and Estate Planning. In addition to being one of approximately 500 Certified Elder Law Attorneys in the Country, Evan is one of approximately 100 members of the Council of Advanced Practitioners of the National Academy of Elder Law Attorneys and is a Charter Member of the Academy of Special Needs Planners.

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