The average cost of dealing with a family member with Alzheimer’s or some form of dementia is now at $51,000 yearly.
Overall, the New England Journal of Medicine says Americans spent around $215 billion on dementia in 2010.
The biggest part of that cost, around 84%, is said to be long term care such as a nursing home or care of a patient in their residence.
Some estimates indicate that the cost of medical issues that have to do with age will cost each American nearly 80% more by 2040.
One of the biggest factors in the growth of dementia is an aging population.
Researchers say more insurance for long-term care or drug breakthroughs would be the most help in the fight.