Nationwide Nursing Home Costs Rising The cost of nursing home care continues to escalate nationally, with the average annual cost now up to $57,000, according to a recently completed survey. The GE Financial Survey, which polled 2,218 skilled and intermediate care homes in all 50 states this past May, singled out Alaska as the most expensive in the country, with an average annual cost of $166,700. Among the country’s five most expensive areas, which include Alaska, New York City, Connecticut, Boston, and Hawaii, the average cost is about $85,000 per year (see table below). “While this isn’t good news, it certainly doesn’t come as a surprise,” says Janet Wells, director of public policy for the National Citizens Coalition for Nursing Home Reform, Washington, DC. “Most studies show the cost of nursing care is going up. And when you consider that staffing continues to go down nationwide, along with the quality of care at many homes, the huge costs just hurt that much more.”
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