Nursing home and home health care costs can vary within each state and these are simply overall averages to give you a better idea of the costs you could face.
We recommend contacting local agencies to determine the specific costs associated within your area. Keep in mind the fact that you may move to a different area upon retirement for various reasons and should consider the costs for the area in which you will reside when you require care.
Researching these costs will assist you in:
-
determining the appropriate daily benefit to select on your long term care policy
-
determining how much you can afford to pay out-of-pocket before your policy benefits take effect (i.e., elimination period)
If you'd like more information for your
particular state, please see our
state-specific pages.
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