Long Term Care Costs

The cost of long term care can be expensive and vary greatly depending on the type of care you receive, the place it's provided, and where you live. For example, the national average cost for a semiprivate room in a nursing home is $100,7401 per year.

When considering cost, don't forget to also factor in inflation—the cost of care today may be much more in the future when you need care. If inflation continues to average 2.32%2 every year, in 20 years the annual cost of care in a nursing home will increase from $100,740 to $159,372.

1 The Federal Long Term Care Insurance Program, "The FLTCIP 2021 Cost of Care Survey," conducted by Long Term Care Group, Inc., March 2022.
2 2 U.S. Department of Labor, Bureau of Labor Statistics, "Historical Consumer Price Index for All Urban Consumers," 30-year average from 1992-2021, https://data.bls.gov/timeseries/CUUR0000SA0 (accessed July 2022).

Is this an expense that you can afford to pay today and in the future?

National average costs

The following average annual costs for each type of care are based on The FLTCIP 2021 Cost of Care Survey.

Home care

6 hours/day | 5 days/week

Assisted living


Nursing home

semiprivate room