The Cost of Assisted Living | WYPR

The Cost of Assisted Living

Nov 15, 2018

As indicated by CNBC, overall inflation in the United States averaged 2.1 percent during the first half of 2018. But the annual median cost of a room at an assisted living facility is expanding by a rate closer to seven percent. Genworth Financial reports that the average annual cost of a private room in a nursing home recently surged past the six-figure mark. 

Anirban tells us more.