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The average price paid for skilled nursing facilities in 2003 was $31,650 per bed, the lowest since 1993.More than half of the deals in 2003 were for less than $30,000 per bed, compared with 39% in 2002.The average price per unit sold in the assisted living sector increased 11% to $72,500 per unit, though that fell short of record prices in 2000 and 2001.ore than half of the deals in 2003 were for less than $30,000 per bed, compared with 39% in 2002. The average price per unit sold in the assisted living sector increased 11% to $72,500 per unit, though that fell short of record prices in 2000 and 2001.
Home care on average is less than a nursing home. It is a good rule of thumb to base a plan on what is potentially the highest cost and that is a nursing home. Nursing home costs have increased by an average 3-4% compounded annually over the last 5 years according to the Genworth Cost of Care Survey. The national average is $6,844/month for skilled nursing care. At this rate, the costs of long term care could double every 15 years. That means that care today that costs $60,000/year could cost as much as $240,000/year 30 years from now.