How much does long term care cost?

Long term care can be very expensive. The average cost of nursing home care in Indiana is more than $70,000 a year (costs will vary by geographical area). Assisted living facility care costs an average of $40,000 a year. In-home care can be costly too, with the annual price of five home health aide visits a week, providing care for five hours each day, costing $30,000. Plus, the cost of long term care has been rising approximately 5% each year.