Healthcare
United States — Healthcare: Average Costs
CMS reports 2024 US health spending of USD 5.3 trillion, USD 15,474 per person and 18.0% of GDP.
VerifiedGovernment / official sourceCMS — National Health Expenditure Accounts 2024Last reviewed: 2026-10-23
Why this matters
Understanding average healthcare costs is crucial for individuals and families planning to relocate to the United States, as it can impact their budget and financial planning.
Key facts
- 2024 national health spending was about USD 5.3 trillion, USD 15,474 per person, and 18.0% of GDP, up from 17.7% in 2023; spending grew 7.2% in 2024.
- CMS projects the share of GDP rising to 20.6% by 2034, with annual health spending growth of 5.4% against 4.1% GDP growth.
- These are national averages, not prices; individual costs depend on the insurance plan, deductible and provider.
- Lawfully present immigrants can generally buy Marketplace coverage on HealthCare.gov, with open enrollment running 1 November to 15 January.
Steps
- Determining Average Healthcare Costs — To determine average healthcare costs, one can consult various sources such as the Centers for Medicare and Medicaid Services (CMS) or the Kaiser Family Foundation, but exact costs may still be uncertain due to various factors.