That’s what happening to long-term care and services costs. Genworth Financial released their annual “Cost of Care” report today and as predicated, the cost of growing old in our country keep going up. Here are the highlights:

The average annual cost for a private room in a nursing home is$76,460, or $209 per day. That’s a 17 percent increase since 2004.

The elderly person typically spends 2- 1/2 years in a nursing home. That means that person, their loved ones and/or the governemtn would pay $190,000 for their care.

Assisted living costs rose 25 percent. Now, it costs an average of $36,090 each year to live in assisted living community.

Care costs are up even if you stay at home. The cost for a Medicare-certified home health aide to visit you rose to an average $38 an hour, up at a 7 percent since 2004.

Of course, these costs do vary by region. Check out this map to see how elders in your area fare. Here in DC, nursing homes cost $216 a day. I know I’m not prepared to pay for that for myself or a loved one.  Are you?