Average Senior Care Costs

The LA Times reported on Monday that seniors may save money by remaining in their home as they age.

Below are the reported cost averages:

*Average national cost per year of private-room nursing-home care: $77,745*

* Average national base rate per year of assisted-living care: $35,628**

* Average cost per year of one hour per day of home healthcare provided by a licensed practical nurse: $13,468***

* Average cost per year of one hour per day of care provided by a home health aide: $6,916***

*Average nursing home costs in Southern California are closer to $100,000 per year.

**As much as several hundred dollars per month may be added for such services as diabetic care, medication management or additional meals.

***For total costs under these scenarios, housing and living expenses should be factored in.

Source: MetLife, AARP,LA TIMES