In 2024, a private room in a nursing home facility in the United States cost 10,646 U.S. dollars a month and 9,277 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 the United States, a private room in a nursing home facility came with a cost of 127,750 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 364,452 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.

The Nursing Home Cost Report (RHCF) is a uniform report completed by New York nursing homes to report income, expenses, assets, liabilities, and statistics to the Department of Health (DOH). Under DOH regulations (Part 86-2.2), nursing homes are required to file financial and statistical data with DOH annually. The data filed is part of the cost report and is received electronically through a secured network. This data is used to develop Medicaid rates, assist in the formulation of reimbursement methodologies, and analyze trends.

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.

The Nursing Home Cost Report (RHCF) is a uniform report completed by New York nursing homes to report income, expenses, assets, liabilities, and statistics to the Department of Health (DOH). Under DOH regulations (Part 86-2.2), nursing homes are required to file financial and statistical data with DOH annually. The data filed is part of the cost report and is received electronically through a secured network. This data is used to develop Medicaid rates, assist in the formulation of reimbursement methodologies, and analyze trends.

The Nursing Home Cost Report (RHCF) is a uniform report completed by New York nursing homes to report income, expenses, assets, liabilities, and statistics to the Department of Health (DOH). Under DOH regulations (Part 86-2.2), nursing homes are required to file financial and statistical data with DOH annually. The data filed is part of the cost report and is received electronically through a secured network. This data is used to develop Medicaid rates, assist in the formulation of reimbursement methodologies, and analyze trends.

The Nursing Home Cost Report (RHCF) is a uniform report completed by New York nursing homes to report income, expenses, assets, liabilities, and statistics to the Department of Health (DOH). Under DOH regulations (Part 86-2.2), nursing homes are required to file financial and statistical data with DOH annually. The data filed is part of the cost report and is received electronically through a secured network. This data is used to develop Medicaid rates, assist in the formulation of reimbursement methodologies, and analyze trends.

The Nursing Home Cost Report (RHCF) is a uniform report completed by New York nursing homes to report income, expenses, assets, liabilities, and statistics to the Department of Health (DOH). Under DOH regulations (Part 86-2.2), nursing homes are required to file financial and statistical data with DOH annually. The data filed is part of the cost report and is received electronically through a secured network. This data is used to develop Medicaid rates, assist in the formulation of reimbursement methodologies, and analyze trends.

The Nursing Home Cost Report (RHCF) is a uniform report completed by New York nursing homes to report income, expenses, assets, liabilities, and statistics to the Department of Health (DOH). Under DOH regulations, (Part 86-2.2), nursing homes are required to file financial and statistical data with DOH annually. The data filed is part of the cost report and is received electronically through a secured network. This data is used to develop Medicaid rates, assist in the formulation of reimbursement methodologies, and analyze trends. For more information, check out: http://www.health.ny.gov/facilities/nursing/ or go to the “About “ tab.

In 2023, nursing care facilities and continuing care retirement communities expenditure in the United States amounted to around 211.3 billion U.S. dollars. Spending has been rising gradually in the recorded time period, except 2020 where expenditure increased by over 20 billion U.S. dollars compared to 2019.

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.

Graph and download economic data for Producer Price Index by Industry: Nursing Care Facilities (PCU623110623110) from Dec 1994 to May 2025 about nursing homes, nursing, PPI, industry, inflation, price index, indexes, price, and USA.

On an annual basis (based on individual Long-Term Care (LTC) facility fiscal year end), California licensed LTC facilities report detailed financial data on facility information, ownership information, patient days & discharges, Balance Sheet, Equity Statement, Cash Flows, Income Statement, Revenue by type and payer, Expense Detail, and Labor Detail. Based on the selected data set, the pivot tables display summarized data on a Profile page and also provides charts on various data items such as Patient Days, Revenue & Expense, and Revenue.

Graph and download economic data for Total Operating Expenses for Nursing Care Facilities, All Establishments, Employer Firms (DISCONTINUED) (EXPTOEEF6231ALLEST) from 2005 to 2012 about nursing homes, nursing, operating, employer firms, accounting, establishments, expenditures, services, and USA.

Alaska had the smallest number of nursing homes in the U.S. as of 2014. Alaska had just ** nursing homes that year. This number is still an increase in the number of nursing homes Alaska has had in previous years. Among all U.S. states Alaska also had the highest cost for a private room in a nursing home in 2018.

Nursing homes overview

Nursing homes are healthcare facilities that offer a higher level of care than could be provided through home care or assisted living. Nursing homes in the U.S. offer a variety of health care services for residents. As of 2015, a majority of U.S. nursing homes offered skilled nursing as part of their health programs. The largest sector of nursing home employment is nursing assistants. Nursing assistants provide a majority of the direct patient care in nursing homes in the U.S.

U.S. nursing home facilities

The number of nursing homes in the U.S. has gradually declined in recent years. Despite declining numbers overall, the number of nursing homes owned by for-profit entities has increased. Given the decline in the number of nursing homes in the U.S. in recent years one may expect the number of nursing home beds to have declined. However, the number of nursing home beds in the U.S. has remained relatively stable.

Skilled Nursing Facility Cost Report

  Description

The Skilled Nursing Facility (SNF) Cost Report dataset is a public use file that provides select measures from the skilled nursing facility annual cost report. This data includes provider information such as facility characteristics, utilization data, cost and charges by cost center (in total and for Medicare), Medicare settlement data, and financial statement data organized by CMS Certification Number.

  Dataset… See the full description on the dataset page: https://huggingface.co/datasets/HHS-Official/skilled-nursing-facility-cost-report.

In the United States, an estimated 8.9 percent of nursing home residents had low care needs as of 2021, meaning they did not require physical assistance for bed mobility, transferring, using the toilet, or eating. States varied widely, with low-care residents being most common in Missouri nursing homes, while Hawaii and Maine had just 2.6 and 2.9 percent of low-care residents, respectively. Low-care nursing home residents may be able to receive less-intensive care in alternative settings, such as home- or community-based services or assisted living facilities. These usually cost less and are less restrictive.

The United States senior living market, valued at $112.93 billion in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 5.86% from 2025 to 2033. This expansion is fueled by several key drivers. The aging population, particularly the baby boomer generation, is a significant factor, creating an increasing demand for assisted living, independent living, memory care, and nursing care facilities. Furthermore, rising disposable incomes and increasing awareness of the benefits of senior living communities contribute to market growth. Technological advancements in senior care, such as telehealth and remote monitoring, are also enhancing the quality of life for residents and boosting market appeal. However, the market faces some restraints, including the rising costs of healthcare and senior care services, potentially limiting accessibility for some segments of the population. Furthermore, staffing shortages within the industry represent a significant challenge. The market is segmented by property type, with assisted living, independent living, and memory care facilities representing the largest segments. Key states driving market growth include New York, Illinois, California, North Carolina, and Washington, reflecting higher concentrations of the senior population and higher disposable incomes. Major players in the market such as Ensign Group Inc, Sunrise Senior Living, Brookdale Senior Living Inc, and Atria Senior Living Inc, compete fiercely, driving innovation and service improvements. The forecast period (2025-2033) anticipates continued growth, driven by the ongoing demographic shifts and increased demand for high-quality senior care options. Strategic partnerships, acquisitions, and investments in technology are likely to shape the competitive landscape in the coming years. The industry will continue to adapt to meet the evolving needs of the aging population, focusing on personalized care, innovative technologies, and cost-effective solutions. This comprehensive report provides an in-depth analysis of the booming United States senior living market, covering the period from 2019 to 2033. With a base year of 2025 and a forecast period spanning 2025-2033, this report is an invaluable resource for investors, industry professionals, and anyone seeking to understand the dynamics of this rapidly evolving sector. The report leverages extensive data analysis to provide insightful projections and uncover key trends shaping the future of senior care in the US. Expect detailed breakdowns of key segments, including assisted living, independent living, memory care, and nursing care, across major states like California, New York, Illinois, North Carolina, and Washington. Recent developments include: July 2023: Spring Cypress senior living site expansion is set to open at the end of 2024 and will consist of three phases. The first phase of the expansion will include 19 independent-living, two-bedroom cottages. The second phase will include 24 townhomes. The third phase will feature 95 apartments. The final phase will feature a resort with several luxury amenities., Apr 2023: For seniors looking for innovative, high-quality care, Avista Senior Living is transitioning away from its SafelyYou partnership to empower safer, more personalized dementia care with real-time, AI video and remote clinical experts 24/7.. Key drivers for this market are: 4., Increase in Aging Population Driving the Market4.; Healthcare and Long-term Care Needs Driving the Market. Potential restraints include: 4., High Affordability and Cost of Care Affecting the Market4.; Staffing and Workforce Challenges Affecting the Market. Notable trends are: Senior Housing Witnessing Increased Demand.

Medicaid spent approximately 154.4 billion U.S. dollars on long-term care services in 2022, which was an increase on the previous year. California, New York, and Ohio were the states with the highest long-term care expenditures.

States support home- and community-based care Combined spending on nursing care facilities, home health care, and other health care made up roughly one-third of Medicaid’s total costs in 2019. Other health care costs include home- and community-based waiver programs that allow people to receive long-term care at home or in their community. Nearly all states offer the waivers, which can substantially reduce expenditures for Medicaid enrollees who would otherwise have to enter a long-term institutional service, such as a nursing home. In recent decades, the distribution of Medicaid’s long-term care services expenditures has shifted toward home- and community-based care.

The costs of in-home care are rising Long-term care expenditures vary depending on the setting, location, and level of care required. In 2020, the annual median cost of long-term care in the United States ranged from 19,240 U.S. dollars for adult day health care services to 105,850 U.S. dollars for a private room in a nursing home. In general, the costs of nursing home facilities were considerably higher than those for home care and community living options. However, in-home care reported the highest year-on-year cost increases, and growing demand for the services has led to a rise in spending on home health care over recent years.

The nursing facility industry faces dynamic challenges and opportunities as it adapts to emerging trends and changing demographics. Recent performance indicates rising costs and demands because of an aging population and regulatory pressures. Labor shortages complicate operations, compelling facilities to offer higher wages to attract skilled staff. Financial pressures escalate with increased spending on modern technology and regulatory compliance. Despite the strains, some facilities innovate by incorporating telehealth and specialized services to attract privately insured residents and those on government programs. This strategic approach helps balance operational challenges with potential growth opportunities as demand continues. Revenue grew at a CAGR of 1.4% through 2025, projected to reach $167.5 billion in 2025 with a 3.5% revenue increase. Over the last five years, profitability in nursing facilities has been challenging, shaped by intricate factors such as cost structure and reimbursement rates. Wage expenses represent a substantial financial burden driven by labor shortages and regulatory mandates. Facilities must manage escalating costs in food, medications and supplies while dealing with rising rent expenses and the need for advanced technology. Despite these financial strains, high occupancy rates contribute to higher profitability. Facilities prioritize private insurance patients for better reimbursement rates yet must rely on government-funded residents in certain regions. The blend of innovative care models, careful resource management and strategic financial partnerships underpins the industry's ability to remain viable and competitive. The coming five years bring anticipated growth fueled by demographic shifts and evolving care models. Increased occupancy is expected as the older adult population expands, providing new revenue prospects. Facilities will likely see a broader demand for varied care models, necessitating enhancements in infrastructure and personalized services. With potential funding increases from Medicare and Medicaid, there are opportunities for investment in staff training and specialized care. Consolidation trends continue to reshape the landscape, enabling facilities to expand services and leverage economies of scale. Focusing on short-stay, post-acute care and adapting to managed care frameworks could enhance financial resilience. Integrating technology and strategic partnerships may redefine services, ensuring long-term sustainability in a competitive environment. Industry revenue is projected to climb at a CAGR of 2.7%, reaching $191.6 billion by 2030.