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Kiplinger
Kiplinger
Business
Ellen Kennedy

Nursing Home Costs Soared in July

Elderly woman, aged 93, sitting in a wheelchair talking to a nurse in a private retirement home

The cost of nursing homes and adult care grew by 2.4% in July, the biggest increase in any month since 1997. Figures from a Bureau of Labor Statistics (BLS) report published recently showed that the growth in price has been especially volatile this year. 

Nursing home costs rise after a dip 

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