Help Breaking Down the Cost of Care
According to the 2021 Genworth Cost of Care survey, the average cost of senior living in the United States is $4,500 per month for an Assisted Living facility. This figure will vary depending on the type of care you need and where you live.
Continue reading to break down the different types of care available. Let’s also explore where to find the most and least expensive areas for Assisted Living.
How much does Independent Living cost per month?
Independent Living is a type of housing designed for seniors who can live independently with little to no assistance. The average cost of Independent Living in the United States is around $3,000 per month.
Most Independent Living communities range from under $1,000 per month to over $6,000 per month. The location and services offered by the community will influence the cost.
How much does Assisted Living cost per month?
Assisted Living is a type of housing designed for seniors who need help with activities of daily living (ADLs), such as bathing, dressing, and eating. The average cost of Assisted Living in the United States is $4,500 per month.
The location of the community will also impact the cost of living. Expect prices to range anywhere from $99 to $230 per day.
Assisted Living residents get to live in a resort-style hotel with personalized care services at a more reasonable cost. The monthly cost includes:
- A private or shared living space
- Individual care plans
- Daily meals in a dining room
- Social and wellness activities
- Special events and entertainment
- Housekeeping and laundry services
How much does Memory Care cost per month?
Memory Care is a type of housing designed for seniors with Alzheimer’s disease or other forms of dementia. The average cost of Memory Care in the United States is $6,297 per month.
People with memory loss often require specialized staff members and higher levels of care. These needs result in a higher monthly cost than Assisted Living.
How much do other forms of senior care cost?
According to the 2019 Genworth Cost of Care Survey:
- The average cost for nursing home care is $9,034 per month or $108,408 per year.
- Skilled nursing/home health aides cost an average of $5,148 per month or $61,776 per year.*
- Adult day health care costs an average of $1,690 per month or $20,280 per year.
- Homemaker services cost an average of $4,957 per month or $59,484 per year.*
As you can see from the data above, nursing home care is the most expensive type of senior care—but it’s also the most comprehensive in terms of services offered.
Consider your needs and budget if you or your loved one are considering a move to a senior living community. Nursing homes are generally temporary senior housing for rehabilitation purposes. Senior living communities offer long-term care.
*Cost calculated at 44 hours of service per week.
The Most Expensive Places for Senior Living
The top three most expensive places for senior living are:
- District of Columbia: $83,730 per year for Assisted Living
- Alaska: $81,960 per year for Assisted Living
- Rhode Island: $81,915 per year for Assisted Living
Retirees looking for an excuse to move can consider states with pricing structures that are more cost-effective.
The Least Expensive Places for Senior Living
The three least expensive areas for senior living include:
- Missouri: $36,000 per year for Assisted Living
- South Dakota: $40,200 per year for Assisted Living
- North Dakota: $40,695 per year for Assisted Living
The cost of living in specific areas will usually dictate the senior living costs. Many times rural areas offer more cost-effective options than nearby larger cities.
The Average Cost of Assisted Living in Civitas Senior Living Communities
Civitas Senior Living owns and operates senior living communities in six states. Many communities offer Independent Living, Assisted Living, and Memory Care. The average monthly cost of Assisted Living in these states is:
- Arizona: $4,000 per month
- Colorado: $4,750 per month
- Florida: $4,000 per month
- Kentucky: $3,448 per month
- Oklahoma: $3,855 per month
- Texas: $3,998 per month
How to Determine the Right Type of Senior Living for You or Your Loved One
With so many choices for senior living, it can be challenging to decide what’s best for you or your loved one. Should you opt for Independent Living? What about Assisted Living or Memory Care? Finding the perfect level of care is ideal.
To determine which type of senior living is right for you or your loved one, consider factors such as independence level, health needs, and cognitive abilities.
Let’s explore the three main types of senior living and help determine which one is right for you or your loved one.
Independent Living: Ideal for Seniors Who are Mobile and Need Little Assistance
Seniors who want to stay social and give up daily hassles like chores will love the freedom of Independent Living. This living type is designed for mobile older adults who need little assistance.
Independent Living communities offer a wide range of amenities, including social activities, transportation services, and occasional help with things like laundry and household chores.
If you or your loved one is relatively active, Independent Living could be the right choice.
Assisted Living: Perfect for Seniors Who Need Help with ADLs
Assisted Living is a type of senior living designed for seniors who need help with daily activities such as bathing, dressing, and medications. The opportunity to connect with like-minded people is also a significant appeal.
These communities offer 24-hour supervision and assistance with daily activities, social activities, and transportation services. Weekly or bi-weekly housekeeping and laundry are available.
Assisted Living could be the right choice if you or your loved one needs some help with daily activities but wants to maintain as much independence as possible.
Memory Care: Relief for Dementia or Alzheimer’s
Memory Care is a type of senior living explicitly designed for seniors with dementia or Alzheimer’s. Memory Care communities offer 24-hour supervision and assistance with all activities of daily living.
Specialized programs and therapies help residents maintain their cognitive abilities.
Memory Care is the best option if you or your loved one has been diagnosed with dementia or Alzheimer’s. Visit The Cottage at a Civitas community near you to see the relief available to your family.
Determine the cost of senior living near you: Visit a community!
When it comes to finding affordable senior care, there are a few things to consider.
First, you’ll need to decide what type of care you need. Independent Living, Assisted Living, and Memory Care have different price points.
Second, you’ll need to think about where you want to live. The cost of care varies significantly from state to state (and even from city to city).
By doing your research and knowing what you’re looking for ahead of time, you can make sure you find the best possible option at a price that fits your budget.
Once you’ve determined the advice above, visit senior living communities in the area of your choice. Remember to bring a list of questions with you to the tour. Ask about specific care needs for you or a loved one.
Talk To A Senior Living Expert
Contact a Civitas Senior Living community near you when you or a loved one is ready for senior living. Our Assisted Living experts can’t wait to show you the value of your new home.