Long-Term Care Insurance costs, by state and province

Typical costs for long-term care insurance per year. Age at purchase and daily benefit amount drive the premium most. Open a market below for a local estimate.

Long-term care insurance helps cover the cost of assisted living, nursing homes, or home care. Annual premiums for a couple in their 60s typically range from $2,000 to $5,500 depending on coverage levels and health rating. Single policies often cost less but still represent a significant ongoing expense.

What Drives the Price

Premiums are based on your age at purchase, health history, chosen benefit amount, and benefit period. A typical policy with a $200 daily benefit, 3-year term, and 5% inflation protection may cost around $3,000 per year for a healthy 60-year-old in the US.

How to Compare Quotes

Always get quotes from at least three insurers to see price differences for identical benefits. For example, a similar policy from a different carrier could be $500 more or less annually, so shopping around is essential.

Tax Considerations

In the US, qualified long-term care premiums may be tax-deductible as a medical expense if you itemize. For a 65-year-old, the deductible limit in 2025 is about $5,800 per policy.

Typical Long-Term Care Insurance prices
ItemTypical range
Average Annual Premium (Couple, age 60)$2,000 - $5,500
Single Policy (age 60, standard health)$1,500 - $3,500
Daily Benefit Range$100 - $300
Benefit Period Options2 - 5 years

Every market for long-term care insurance costs

383 markets have a page, each with a typical range where we have one and plain guidance on what moves the price.

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