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Fact #1: You could spend $96,000 a year on nursing home care. The figures vary by region, but A Place for Mom, a senior living referral service, pegs the average cost of a nursing home room at anywhere from $4,000-$8,000 a month. For that price, you may not even get your own room â you may have to share your space with someone else.
How much does it cost to live in a nursing home? The amount a nursing home resident may have to pay to cover the costs of the nursing home, including room and board services, can vary. As of April 1, 2014, the maximum amount is $113 per day. On a monthly basis, this would amount to about $3,437.This amount may be adjusted from time to time.he amount a nursing home resident may have to pay to cover the costs of the nursing home, including room and board services, can vary. As of April 1, 2014, the maximum amount is $113 per day. On a monthly basis, this would amount to about $3,437. This amount may be adjusted from time to time.