Assisted Living Rates Increase Slightly in 2006 According to MetLife Market Survey

Assisted living costs in the U.S. continue to rise, though moderately, according to a new report by the MetLife Mature Market Institute.

The private pay rate for an individual at an assisted living facility, according to the 2006 MetLife Market Survey of Assisted Living Costs, averaged $2,968 per month, or $35,616 yearly. That's up 2.2% or $63 from 2005 and 17.6% from 2004.

Assisted Living Rates Increase Slightly in 2006 According to MetLife Market Survey
Source: Yahoo! Finance