Nursing home fees may be higher than those for other types of seniors, and with good reason: nursing homes provide the highest level of care for older Americans compared to assisted living facilities and home health care. Even though that’s the case, that doesn’t mean that you can’t find some savings on nursing home costs. You just need to know where to look and what the baseline prices are.
If you are looking for quality nursing homes in Nevada, expect to pay a different amount than you would in Colorado, or even Florida. In large part, fees are dependent of real estate in the area, after all, you’re paying for housing as well as senior care needs. That means that states, and particularly, cities with high costs of living will also see higher nursing home costs than those in less expensive areas. If you are considering a nursing home for loved ones, keep this in mind, considering that outdoor activities might not be a common occurrence depending on their condition.
Nursing shortages in a number of states, including California and Florida, mean that senior citizens who require skilled nursing services may have to pay a premium in order to receive care. The supply and demand aspect of the healthcare job market affects nursing home costs as well. Some surveys indicating that the cost to hire qualified medical professionals in Nevada increases the hourly fees by a dollar or two, which can add up over the course of a year. In general, the average cost may be more than $50,000, according to the AARP, although a number of factors can influence this.
Do you want your loved one to have their own personal room, or to socialize with another resident? Does the senior in your family show symptoms of dementia? They may require specialized Alzheimer’s care that a number of facilities address with specialized wings. Like any other type of housing, families considering nursing home costs need to understand that small choices like individual rooms versus shared occupancy may have a significant factor when it comes to the total annual cost.
Like any other housing option, nursing homes operate on the basis of supply and demand. Monthly room rent or daily care rates may be adjusted if the facility has recently opened, or has a number of vacancies. If you are considering a skilled nursing home facility, keep in mind that you may be able to negotiate reductions in rates based on these conditions, without affecting the care afforded to your loved ones.
The cost of nursing homes varies significantly between facilities across the nation and even within the same city. Please understand that the numbers listed below should only be used as estimates of what a person would expect to pay and that rates change constantly.
The costs listed below are only for Medicare certified facilities which account for more than 90% of nursing homes in the United States. Much of the data comes from the Genworth 2012 Cost of Care Survey which is the most comprehensive study of its kind. Genworth Financial surveyed over 15,000 care providers. Standard charges usually include services beyond just a room including meals, laundries, and basic supervision. There may be additional costs for services beyond the basics including prescription medication administration or additional nursing services. We urge you to ask for a specific price quote as well as a complete estimate of ALL services included while requesting information from ANY nursing home.
|Care Type||National Average|
|Five Year Increase|
|Adult day care |
1 year increase
|Home care |
44 hours per week
|Nursing Home |
double occupancy room for one person
|Nursing Home |
single occupancy room for one person
|State||Semi Private Room|
(Double Occupancy, Rate per Person)
* Data from the 2012 Genworth Cost of Care Survey