Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Thursday, May 13, 2021

"Cost of dying" in America nears $20K

DeathcertificateThe cost of dying in the United States is approaching $20,000. The growth has many implications since death—and taxes—is one of the only things in life that is certain. 

Using 2020 figures from the National Directors Association and the CDC, "the group looked at the average 'cost of dying' across the U.S. based on the price of end-of-life care, funerals and cremations." 

The cost of dying is around $19,566, with Hawaii being the priciest state with end-of-life medical costs averaging $23,073, the average funeral cost at $14,478, and the average cost of cremation cost being around $12,095. The total: $36,124. Mississippi is the cheapest place today with the average cost of dying being $15,516. 

The CDC figures show that the cost of funerals and end-of-life care "jumped $63.8 billion in 2020, up 14.3% from a total of %55.8 billion in 2019." 

See Caitlin Owens, "Cost of dying" in America nears $20K, Axios: Vitals, May 12, 2021. 

Special thanks to Joel C. Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.

https://lawprofessors.typepad.com/trusts_estates_prof/2021/05/cost-of-dying-in-america-nears-20k.html

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