When I think of Nevada, I think of Las Vegas. But there’s a lot more to the state than gambling. Nevada’s aging population is one of the fastest growing in the nation. Currently, about 13% of the state’s population is over age 65. Growth in the oldest segment (85+) has increased by 78% over the last ten years, according to a report published by the Nevada Commission on Aging. And while senior prefer to age in place, many of those seniors will find themselves in need of care in a nursing home setting. only 4.1% of persons aged 65 and older live in institutional settings, but that number increases with age.
How much do nursing homes in Nevada cost? According to Caregiverlist’s updated national nursing home cost database, the daily room rate of a nursing home in Nevada is $216.21 (the state average of single and shared rooms,) or $78,917 per year. Nevada nursing homes carry average star rating of 2.7 out of 5.
Senior care planning includes understanding costs of nursing homes, along with their overall ratings. The sad truth is that the general consumer has no idea how much nursing home care costs in their area, and usually doesn’t learn of those costs until long-term care is needed.—like after the first 100 days of Medicare-covered care. Caregiverlist updates our nursing home cost database so seniors and their families can get an idea of long-term care costs in their area.
Below is a snapshot of Nevada nursing home costs and ratings:
Total Number of Nursing Homes: 53
Average Single Price: $229.79
Average Double Price: $202.63
Average Rating: 2.7
Star Rating Snapshot:
5-Star: 1
4-Star: 14
3-Star: 28
2-Star: 9
1-Star: 1
Which is Nevada’s highest rated nursing home? The only Nevada nursing home with a 5-Star Caregiverlist Nursing Home Rating is South Lyon Medical Center in Yerington, Nevada. It receives a perfect 5 out of 5 stars in its overall Medicare star rating and its certified nursing aide hours per resident per day.
Many seniors and their families will prefer to stay at home and hire an in-home professional senior caregiver. The median hourly rate for a home health aide or CNA in Nevada is $22 per hour, but can increase or decrease depending on the location and level of care required. A quality home care agency provides all necessary liability and worker’s compensation insurance protections and payroll taxes as required by law.
When should families begin anticipating for future long-term care costs? A good place to start is consulting with a professional who can come up with a financial action plan, something that includes an assessment of your family’s assets and future spending needs. Caregiverlist can provide a care plan to find senior home care agency options in Nevada and help you learn about the costs for senior care. Seniors and their family caregivers can also research nursing home costs and ratings in any state nationwide through the Caregiverlist Nursing Home Directory, the only resource with this trademarked information.