Texas LTC cost now exceeds $125,000 per year
June 1, 2023
Studies show Texas long-term care costs continue to rise. This makes Texas long-term care insurance a necessity for all but the very wealthy.
In 2022, the cost of a Texas long-term care facility was $85,107 ($233/Day) for just one year of care, and on average people need 3 years of care. That would amount to $255,000 at today’s cost and $461,000 by 2041 ($153,713 per year).
The City of Corpus Christi, TX has the highest long-term care facility costs today with a private room being $126,655 per year ($347/day). Midland has the second highest long-term care facility cost in Texas at $122,914 per year ($336/day). McAllen and Austin have the third and fourth highest cost at $112,420 per year ($308/day) and $107,675 ($295/day), respectively.
Long-Term Care Insurance Protection
Long-term care insurance policies pay for Nursing Facility, Assisted Living Facility and Home Health Care costs. Premiums for LTC insurance can vary greatly by company, age of applicant and health history. Most companies now charge higher premiums for women, but some do not. For these reasons, we strongly suggest working with an agent who represents multiple highly rated companies and who is a specialist with long-term care planning.
Find Out If You Qualify
When you submit our Pre-Screen form, we can determine which plans you may qualify for.
Texas Long-Term Care Costs – 2022 (annual) | ||||
| Region | Nursing Home (private room) | Nursing Home (semi-private) | Assisted Living (private room) | Home Health Aide (44 Hrs/wk) |
| Texas State Median | $85,107 | $61,503 | $47,970 | $54,912 |
| Abilene | $74,825 | $56,028 | $41,385 | $54,340 |
| Amarillo | $76,103 | $61,685 | $55,200 | $48,620 |
| Austin Area | $107,675 | $71,175 | $64,140 | $62,348 |
| Beaumont Area | $88,440 | $63,875 | $52,464 | $52,624 |
| Brownsville Area | $97,455 | $69,350 | $48,000 | $34,320 |
| College Station Area | $66,430 | $56,575 | $47,979 | $54,866 |
| Corpus Christi | $126,655 | $63,875 | $40,659 | $43,472 |
| Dallas Area | $101,525 | $67,525 | $50,340 | $58,344 |
| El Paso | $87,874 | $58,583 | $45,000 | $43,472 |
| Houston Area | $93,075 | $63,145 | $50,940 | $54,912 |
| Killeen Area | $90,338 | $62,963 | $50,598 | $53,722 |
| Laredo | $77,106 | $61,138 | N/A | $36,585 |
| Longview | $66,065 | $50,188 | $51,300 | $45,760 |
| Lubbock | $86,870 | $65,700 | $47,400 | $54,912 |
| McAllen Area | $112,420 | $73,548 | $58,200 | $34,320 |
| Midland | $122,914 | $72,453 | $57,468 | $56,056 |
| Odessa | $104,025 | $62,050 | $52,770 | n/a |
| San Angelo | $80,300 | $57,853 | $36,000 | $54,340 |
| San Antonio Area | $83,220 | $62,780 | $40,950 | $54,912 |
| Sherman Area | $91,250 | $62,050 | $42,000 | $57,200 |
| Texarkana | $59,860 | $58,035 | $33,240 | $44,570 |
| Tyler | $67,343 | $53,838 | $46,350 | $52,510 |
| Victoria | $83,950 | $62,050 | $67,200 | $52,052 |
| Waco | $71,175 | $55,480 | $33,600 | $56,010 |
| Wichita Falls | $68,255 | $56,575 | $42,060 | $44,341 |
Source: Cost of Care Survey 2021 (Genworth.com), site accessed 06/06/2023
Both long-term care and short-term care insurance is available in Texas. Affordable long-term care insurance premiums are available and will depend on your age and health history. We also provide detailed comparisons to the AARP long-term care insurance plan.
Connect With A Long-Term Care Advisor
Find a plan that’s right for you with our highly rated companies, multiple plan options, and expert long-term care advisors. Expect personalized service on topics such as:
✓ Choosing from a variety of long-term care insurance products
✓ Suggestions for the carrier best suited to your situation and goals
✓ Assistance with health qualifying for coverage
Get pricing and expert suggestions >
