Nursing Home Room Costs Increase by 7% to 9% as all Long-Term Care Costs Rise

Skilled Nursing News March 4, 2025
Amy Stulick

The cost of a room in a nursing home rose between 2023 and 2024, with semi-private rooms seeing a 7% increase to $111,325, and private rooms a 9% jump in cost to $127,750.

These cost of care increases for the sector fall somewhere in the middle compared to other long-term care settings, according to a survey released by Genworth Financial (NYSE: GNW) and CareScout.

There were no long-term care settings that decreased in cost, the survey results showed.

Monthly median costs for semi-private and private nursing home rooms on a national level was $9,277 and $10,646, respectively.

Broken down by state, Alaska, Oregon and Hawaii had the most expensive annual cost for a semi-private room at $364,452, $189,800, and $181,040...

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