What does long-term care cost?
For the past 18 years, Genworth has tracked the cost of care nationwide to help families understand long term care costs.
The 2021 survey covers 437 regions and is based on data collected from more than 14,000 providers, making this data the most comprehensive of its kind.
This tool allows you to:
Find the current costs in your area (or where you plan to retire). You can use the slider tool to see what costs are expected to be in 10, 20 or 30 years.
Key findings:
Click the image below and the calculator will open in a new window.
The 2021 survey covers 437 regions and is based on data collected from more than 14,000 providers, making this data the most comprehensive of its kind.
This tool allows you to:
- calculate current and projected costs
- compare locations
Find the current costs in your area (or where you plan to retire). You can use the slider tool to see what costs are expected to be in 10, 20 or 30 years.
Key findings:
- Cost for home health aides grew by 12.5% over 2020 data. The compound annual growth rate for the past 5 years is 5.92%.
- The cost of homemaker services, which includes assistance with "hands-off" tasks such as cooking, cleaning and running errands, increased over 10% in the last 12 months alone.
- Assisted living costs grew by 4.65%.
- Minnesota once again has the highest national costs for home care at $36/hour or $227 a day for home health aides. That’s over $82,000 per year. Click here for states rankings.
Click the image below and the calculator will open in a new window.
