In 2024, a private room in a nursing home facility in the United States cost ****** U.S. dollars a month and ***** U.S. dollars for a semi-private room. Prices varied greatly from one state to another. The most expensive private rooms were in nursing homes located in Alaska. On the other hand, nursing homes in Texas were the cheapest.

In 2024, semi-private rooms in a nursing home cost around 16,000 USD less than a private room. The difference between the prices by room type is projected to enlarge as prices grow. It was forecasted that by 2030, the average cost of a semi-private room will be around 133 thousand U.S. dollars, while the average annual cost for a private room will reach around 153 thousand U.S. dollars per year. By 2050, nursing home costs will have more than doubled that of 2024 prices.

In 2024, the median cost of a private room in a nursing home was around ****** U.S. dollars per month or *** U.S. dollars a day, while the cost for a semi-private room was ***** U.S. dollars a month or *** U.S. dollars a day.

In 2024, the annual median cost for long-term care in the United States ranged from ****** to ******* U.S. dollars, depending on the type of service. This significant financial burden highlights the importance of planning for future healthcare needs, as many older adults may face substantial out-of-pocket costs for extended care services. Nursing homes and assisted living facilities Nursing homes represent the most expensive long-term care option, with private rooms costing an estimated ****** U.S. dollars per month in 2024. Semi-private rooms are slightly more affordable at ***** U.S. dollars monthly. Assisted living facilities offer a less costly alternative, with annual expenses for a private room averaging ****** U.S. dollars. However, these costs can vary dramatically by location, with states like Hawaii, Alaska, and Washington D.C. commanding the highest prices for assisted living accommodations. Home care services and future projections For those preferring to receive care at home, the hourly rates for long-term home care services in 2024 were ** U.S. dollars for homemaker services and ** U.S. dollars for home health aide services. These costs are expected to rise significantly in the coming decades, with projections suggesting home health aide services could approach *** U.S. dollars per hour by 2060. The increasing expense of long-term care is evident across all service types, with assisted living facilities experiencing a ** percent cost increase from 2023 to 2024, while nursing home rates for semi-private and private rooms rose by * and * percent, respectively.

In the United States, a private room in a nursing home facility came with a cost of ******* U.S. dollars per year in 2024. However, the costs for private rooms in the US varied greatly from one state to another. That year, the annual cost for a private room in Alaska stood at ******* U.S. dollars, roughly three times the national average. The second-most expensive state for a private room in nursing home facilities was Oregon, followed by DC.

opportunity for growth, with demand for more beds expanding. Homes have upped their average weekly fees, contributing to revenue growth. Soaring inflation over the two years through 2023-24 has further raised nursing home fees. However, state involvement has limited growth, which has kept care fees artificially low for many nursing home residents. Residential nursing care revenue is anticipated to climb at a compound annual rate of 2.9% to £10.3 billion over the five years through 2025-26, including revenue growth of 1.2% in 2025-26.Weak government funding and wage cost pressures caused by the rising National Living Wage (which climbed to £12.21 in April 2025) have constrained profitability. Labour supply shortages caused by high turnover rates have been of particular concern. According to Skills For Care, the job vacancy rate in 2023-24 in the adult care sector was 8.3%, way above the average rate in the UK economy. That being said, the vacancy rate is declining thanks mainly to a government-driven recruitment drive to attract overseas workers, which has been helped by reducing visa requirements.Rising real household disposable income has supported more self-funded residents, aiding residential nursing care. However, data from the ONS revealed the percentage of self-funded residents fell from 36.7% in 2019-20 to 34.9% over the year through February 2022. Families were struggling with the rising cost of living, reducing the number of people able to afford private care home costs, which somewhat constrained revenue growth. In the year through February 2023, the number of self-funded residents at nursing care homes climbed to 37% of the 372,035 care home residents. In the two years through 2025-26, interest rates have fallen, stimulating spending on discretionary services like residential nursing homes. Real disposable income is rising in line with wage costs, which is raising demand for self-funded residents and lifting industry revenue. Over the five years through 2030-31, residential and nursing care revenue is estimated to expand at a compound annual rate of 2.3% to £11.5 billion. Robust demand from an ageing population will support industry growth. However, plans for adult social care reforms are to be released in two stages (the first in 2026 and the second in 2028), which has caused greater uncertainty for the sector's future. Staff shortage concerns will continue to plague nursing care.

In Europe, the price per day of nursing homes varied greatly from one country to another. In 2020, the average cost of nursing homes in Luxembourg reached *** euros per day, whereas nursing homes in Slovenia and Czechia cost less than ** euros a day.

Over the last five years, the aging Baby Boomer generation, nearly one-fifth of the US population, has significantly boosted demand for adult day cares. Adult day cares have seen solid usage as improving life expectancies expands their primary client base. The industry's growing popularity as a low-cost alternative to nursing homes led to an influx of new providers, particularly among owner-operators offering at-home care. The rise of at-home adult day care services has perpetuated adult day care's fragmentation, allowing new providers to cater to underserved areas. Despite this growth, labor shortages force higher wages and compress profit. Adult day care providers' revenue has been climbing at a CAGR of 2.1% to an estimated $7.5 billion over the five years through 2024, including an expected rise of 1.3% in 2024 alone. Federal Medicaid funding has played a critical role in supporting adult day care providers. With over two-thirds of participants fully covered by Medicaid, increased funding has made adult day care services more accessible. However, potential legislative changes pose risks; Trump's return to the Oval Office will bring efforts to cut Medicaid funding and repeal the ACA. The reduction or disappearance of federal aid would cut off many's access to adult day care and significantly change the outlook for providers. In the next five years, a continued rise in the population's average age will bring stronger growth to adult day care services. Advances in medical technology and increasing life expectancy will sustain demand, boosting revenue as more older adults seek and maintain enrollment. The industry's growing popularity will intensify competition, prompting centers to enhance care quality to attract clients. Despite political adversity, Medicaid funding is still expected to rise, as well as maintaining service access. Specialization in centers focusing on specific medical conditions, along with the popularity of at-home care, will cater to unique client needs, further shaping the industry's future. Adult day care services' revenue is set to surge at a CAGR of 5.4% to $9.8 billion through the end of 2029.

Homes for the elderly and disabled are an essential part of the healthcare system. Due to increasing life expectancy and the growing proportion of senior citizens in the population, the demand for such facilities is also increasing. In the last five years, turnover in the sector has risen by an average of 1.3% per year. However, the dynamic cost trend has recently put pressure on the industry's earnings situation and caused many industry players to experience financial difficulties, which has increased the risk of insolvency. Operators have been faced with rising costs for energy, accommodation and catering, which have not been sufficiently refinanced by the cost bearers.Additional economic challenges are posed by rising personnel costs. For example, the parties to the collective agreement have agreed on further salary increases in 2024 in addition to an inflation adjustment. In addition, the changeover to the new staff assessment procedure means that skilled and unskilled staff will be factored into care rates. All of this is compounded by a worsening staff shortage, which is leading to lower capacity utilisation. To avoid getting into financial difficulties, the additional costs are largely passed on to the residents, while the care insurance companies' fees are barely adjusted. An increase in turnover of 0.8% is expected for 2025 compared to the previous year, bringing total turnover to 28 billion euros. One growth driver in the sector is the provision of alternative forms of living. Assisted living facilities have become increasingly popular in recent years. The high demand for this form of living means that flats designed for this purpose are being built as part of almost all new construction projects in the sector.Over the next five years, IBISWorld expects an average annual growth rate of 3.4%, which means that turnover is likely to reach 33 billion euros by 2030. There is growth potential for the industry in the areas of energy efficiency, digitalisation, innovation and connected living. The positive development is likely to attract numerous new operators to the sector, meaning that the number of companies active on the market is expected to increase by an average of 2.7% per year until 2030. As competition intensifies, there will be an even greater focus on maximising profits and cutting costs, which may have a negative impact on the quality of care.

Licensed and unlicensed home-based child care providers by ranges and average of daily fee collected from parents, Canada.

Urgent care centers face dynamic market conditions driven by fluctuating insurance reimbursement rate levels, the health of the economy and changing attitudes to technology-driven healthcare. Urgent care providers offer a convenient and cost-effective alternative to primary care doctor services, notably in short supply and emergency department services, which are more costly and impose burdensome, long wait times. Urgent care centers leverage flexible, extended hours and online scheduling to further consumer appeal. In response to these centers' convenience, cost and quality, industry revenue has grown at a CAGR of 3.1% over the past five years and is expected to total $46.7 billion in 2024 when revenue will jump by an estimated 0.5%. The emergence of technology and private equity plays a significant role in industry growth and performance. Innovative diagnostics and telemedicine have expanded competition even from do-it-yourself trends, bolstered by out-of-market businesses like retail clinics and pharmacies with diagnostic kits that offer new ways for individuals to connect with healthcare providers. Private equity partnerships increasingly drive industry growth as investors bring resources for expansion and innovation. While these partnerships can fuel consolidation, new technologies also enhance the quality of care, reduce costs and broaden the reach of smaller establishments. The industry faces opportunities associated with broader economic conditions, disposable income levels and healthcare access. Urgent care centers are especially relevant in geographic "healthcare deserts" where alternatives like primary healthcare providers are absent. However, market entry can also be complex because of challenges in securing capital and maintaining innovation. With federal funding for Medicare and Medicaid and the number of individuals with private health insurance expected to grow, profit will remain stable despite a slight wage increase. Despite evolving healthcare preferences that accept technology-driven services as a substitute for urgent care visits, industry revenue is forecast to grow at a CAGR of 2.9% through 2029 to $53.8 billion.

In 2024, the average daily cost for adult day health care services in the U.S. stood at 100 U.S. dollars. However, such costs varied greatly from one state to another. In that year, the most expensive state for adult day health care services was by far Oregon, amounting to *** U.S. dollars a day, while in Delaware daily rates were just ** U.S. dollars. In the most expensive states, the daily cost of adult day care actually exceeded that of assisted living facilities and sometimes even home health care. The large variation may be in part due to the source using community subsidy rates where available, thus lower rates were reported, while states with higher rates may capture the full private pay rates.

Revenue generated in the healthcare sector fell at an average annual rate of 1.2% between 2020 and 2025. In connection with the population's declining purchasing power due to higher consumer prices, fewer dental and specialist services were utilised in 2022, a trend that continued in 2023. The inflation-related cost increases for energy, rents and wages were not or not fully taken into account in the prices that healthcare facilities are allowed to charge the health insurance funds. At the same time, revenue increases are capped by law. This has placed a heavy burden on the earnings situation of many players. Hospitals in particular have suffered greatly as a result of the large financial deficits and lack of liquidity support, which has led to a sharp rise in the number of insolvencies in 2023 and 2024.In the current year, turnover is expected to increase by 0.6% compared to the previous year, totalling 289 billion euros. In a European comparison, the German healthcare system is considered to be particularly expensive and, in view of the below-average life expectancy of Germans compared to the rest of Europe, not very effective. The reasons for this are inefficient processes in numerous areas of healthcare as well as deficits in digitalisation, preventative medicine and inpatient care. As a result, the statutory health insurance funds are expecting high increases in expenditure in 2025, which are due in particular to cost increases in hospital services and medicines. Against this backdrop, the Bundestag passed the hospital reform in October 2024, which aims to improve the quality of care and stabilise contribution rates.In order to drive forward digitalisation in the healthcare sector, the electronic patient file was also introduced for everyone at the beginning of 2025. This provides insured persons with a largely automated, digital medication overview that doctors can view and thus better understand. For example, they can see which medication is being taken.In the next five years, turnover in the healthcare sector will grow by an average of 3.4% per year, reaching 341.9 billion euros in 2030. In the future, an ageing population, advances in medicine and increasing health awareness will continue to lead to higher demand for healthcare services, while high cost pressure is likely to result in more mergers. However, all healthcare services are based on the knowledge and expertise of healthcare professionals. There is a threat of a worsening staff shortage in the sector, which politicians are increasingly trying to counteract. It is also important to prevent the urban-rural divide in healthcare provision. Telemedicine is likely to play an important role in overcoming these challenges.

Licensed and unlicensed home-based child care providers by ranges and average of daily fee collected from parents, Newfoundland and Labrador.

Licensed and unlicensed home-based child care providers by ranges and average of daily fee collected from parents, Prince Edward Island.

Licensed and unlicensed home-based child care providers by ranges and average of daily fee collected from parents, New Brunswick.

Licensed and unlicensed home-based child care providers by ranges and average of daily fee collected from parents, Territories.

Licensed and unlicensed home-based child care providers by ranges and average of daily fee collected from parents, Manitoba.

The average monthly cost for senior housing in the U.S. in 2024 was the highest for memory care and the lowest for independent living facilities. In the fourth quarter of the year, the average monthly cost for independent living housing was ***** U.S. dollars. That nearly *** U.S. dollars (** percent) higher than in the first quarter of 2019. Senior housing costs also vary vastly across different states.

Licensed and unlicensed home-based child care providers by ranges and average of daily fee collected from parents, Saskatchewan.