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US Nursing Home Costs Increased by the Largest Amount Since 1997

Nursing Home Prices Surge Nationwide To 25 Year Record
US Nursing Home Costs Increased by the Largest Amount Since 1997
Care giver walks with nursing home resident at a Quality Life Services facility in western Pennsylvania. Courtesy of the Pennsylvania Health Care Association
Bryan Jung
Bryan Jung
8/16/2023|Updated: 8/16/2023
0:00

The costs for U.S. nursing homes and adult day services increased dramatically in July to the highest rate in 25 years, new data shows.

A Bureau of Labor Statistics report for August showed that prices in the sector soared by 2.4 percent last month compared to June, the largest monthly increase since 1997 and well above the average.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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