Retiring in Georgia

It doesn’t cost so much to grow old here

It won’t hurt your wallet so much to grow old in Georgia as in many other parts of the country.

A private room in a nursing home here costs $63,875/year on average, which is less than the national media rate of $81,030. (You may want to reconsider spending your golden years in Connecticut where a private nursing home will cost you an average of $145,818/year.)

Assisted living costs $30,000/year for a private single-occupancy room in Georgia. The national median rate is $39,600, according to a cost-of-care study by the Genworth insurance company.

Or you can tell the kids to buy a house with a basement, and expect company.