Long Term Care
Here are just a few examples of average expenses for seniors requiring long-term care:
The national median cost of assisted living is $4,000/month or $48,000/year.
On average, a private room in a nursing home costs about $8,365/month, or $100,380/year.
Home Health aides typically charge $20.50/hour for their services. Seniors often spend $50,668/year on home health aides.
The average daily cost of adult day health care centers is $68.
The average cost of cancer treatment is around $150,000 in total.
Additional treatment for Alzheimer’s disease can increase assisted living center costs by as much as $1,000/month.