The Genworth Cost of Care Survey has been the foundation for long term care planning since 2004. Knowing the costs of different types of care – whether the care is provided at home or in a facility – can help you plan for these expenses. According to Genworth, the 2017 survey is one of the most comprehensive of its kind, covering 440 regions across the U.S. and based on data collected from more than 15,000 completed surveys.
The Genworth 2017 Cost of Care survey found:
- The average cost of a private nursing home room increased 5.5%.
- The average cost of a semi-private nursing home room rose 4.44%.
- The average cost of an assisted living facility rose 3.35%.
The information provided below is limited to the 2017 long-term care costs in Northern New Jersey. For costs in other areas of New Jersey as well as the costs in other states, please access the Genworth website, at Genworth Cost of Care Survey.
Monthly Costs: Northern New Jersey, NJ (2017)
Adult Day Health Care
2017 Cost Per Month: $1,950
____
Home Health Aide
2017 Cost Per Month: $4,385
____
Assisted Living Facilities
2017 Cost Per Month: $6,700
____
Nursing Home Care in a Semi-Private Room
2017 Cost Per Month: $10,114
____
Nursing Home Care in a Private Room
2017 Cost Per Month: $11,102
For additional information concerning NJ elder law and special needs planning visit: https://vanarellilaw.com/legal-services/
For additional information concerning nursing home law and litigation, visit: https://vanarellilaw.com/nursing-home-law-litigation/