The size of the assisted living facility you choose, the types of services, and amount of services you require all impact monthly fees. According to Genworth Financial, the average cost of assisted living in 2020 was $4,300 per month. Similarly, according to a National Center for Assisted Living report, the median cost for assisted living in the United States is about $4,300 per month or $51,600 annually. Over 800,000 Americans are residing in assisted living facilities, with just over half of residents being 85+ years old.<\/p>\n
These statistics go to show the importance of assisted living in the nation. In a senior living community, you start with upfront costs. Assisted living communities and independent living communities generally have a monthly cost that could range from $2,000 to $7,000, and may make certain hospitality and care services available for an additional monthly fee. If you\u2019re looking for assisted living facilities, knowing the average cost of care across the country is a must.<\/p>\n
There is a constant debate between assisted living versus living at home among families when it comes to choosing the best option for taking good care of their senior loved ones. Many would argue that healthcare costs, especially for senior living, are increasing rapidly. But that is not entirely true. This public perception has to be corrected by making people aware of the realities of assisted living facilities. Nowadays, many would usually prefer living at home because it is less expensive than assisted living and technology, such as medical alert systems<\/a>, allow seniors to be safely monitored in their home. It can be in most cases, but the total cost of assisted living is actually significantly less than living at home. Not to mention the daily assistance being provided in assisted living which enhances the quality of life and improves a senior\u2019s health and safety.<\/p>\n The secret to getting your money\u2019s worth when choosing assisted living facilities is knowing the factors that impact assisted living costs because the price structures of these are dependent on the level of care that a resident requires.<\/p>\n You must know first the location to where you plan for your loved ones to settle. Ideally, you would settle for a place near your family as well. So it is important to know the average cost of care in different states which we have provided below based on Genworth\u2019s 2020 Cost of Care Survey.<\/p>\n You\u2019ll also need to consider the rent, utility, maintenance, meal, and personal care costs. Independent living<\/a> or living at home usually would focus on rent or mortgage which usually results in overlooking the other necessities for senior care. In assisted living, the expenses cover the necessary things to provide quality care. If you take a look at it, assisted living is in its essence, financially equal to living at home because the level of care assisted living<\/a> facilities provide is also what families should provide for seniors even living at home. The only difference now is a question of where our seniors will be provided with daily activities and entertainment to enhance their quality of life.<\/p>\n Living at home limits discovering opportunities for social interactions and daily activities. This is because entertainment is usually being cut back to save money. This is usually an unfortunate reality in senior living at home. There is an emphasis on this particular aspect because regular social activities are significant for seniors to stay fit and sharp<\/a>. This can create the same atmosphere as when they have not retired yet and may provide the difference between surviving and thriving.<\/p>\n If your main concern is affordability or your budget, Genworth\u2019s Cost of Care Survey outlines the average daily, monthly, and annual costs of a private one-unit in an assisted living community in each state. This can serve as a good guide of what you can expect to spend on an assisted living facility in your state.<\/p>\nFactors That Impact Costs<\/h3>\n
Assisted Living Cost by State (Updated May, 2021)<\/h2>\n
State<\/strong><\/th>\n| Daily Cost<\/strong><\/th>\n | Monthly Cost<\/strong><\/th>\n | Yearly Cost<\/strong><\/th>\n<\/tr>\n<\/thead>\n\n | Alabama<\/td>\n | $104<\/td>\n | $3,150<\/td>\n | $37,800<\/td>\n<\/tr>\n | Alaska<\/td>\n | $218<\/td>\n | $6,633<\/td>\n | $79,590<\/td>\n<\/tr>\n | Arizona<\/td>\n | $128<\/td>\n | $3,900<\/td>\n | $46,800<\/td>\n<\/tr>\n | Arkansas<\/td>\n | $115<\/td>\n | $3,500<\/td>\n | $42,000<\/td>\n<\/tr>\n | California<\/td>\n | $164<\/td>\n | $5,000<\/td>\n | $60,000<\/td>\n<\/tr>\n | Colorado<\/td>\n | $150<\/td>\n | $4,575<\/td>\n | $54,900<\/td>\n<\/tr>\n | Connecticut<\/td>\n | $207<\/td>\n | $6,300<\/td>\n | $75,600<\/td>\n<\/tr>\n | Delaware<\/td>\n | $220<\/td>\n | $6,690<\/td>\n | $80,280<\/td>\n<\/tr>\n | District of Columbia<\/td>\n | $197<\/td>\n | $6,000<\/td>\n | $72,000<\/td>\n<\/tr>\n | Florida<\/td>\n | $122<\/td>\n | $3,700<\/td>\n | $44,400<\/td>\n<\/tr>\n | Georgia<\/td>\n | $115<\/td>\n | $3,500<\/td>\n | $42,000<\/td>\n<\/tr>\n | Hawaii<\/td>\n | $164<\/td>\n | $5,000<\/td>\n | $60,000<\/td>\n<\/tr>\n | Idaho<\/td>\n | $121<\/td>\n | $3,675<\/td>\n | $44,100<\/td>\n<\/tr>\n | Illinois<\/td>\n | $150<\/td>\n | $4,575<\/td>\n | $54,900<\/td>\n<\/tr>\n | Indiana<\/td>\n | $144<\/td>\n | $4,382<\/td>\n | $52,584<\/td>\n<\/tr>\n | Iowa<\/td>\n | $134<\/td>\n | $4,073<\/td>\n | $48,870<\/td>\n<\/tr>\n | Kansas<\/td>\n | $167<\/td>\n | $5,090<\/td>\n | $61,080<\/td>\n<\/tr>\n | Kentucky<\/td>\n | $122<\/td>\n | $3,699<\/td>\n | $44,385<\/td>\n<\/tr>\n | Louisiana<\/td>\n | $120<\/td>\n | $3,639<\/td>\n | $43,665<\/td>\n<\/tr>\n | Maine<\/td>\n | $195<\/td>\n | $5,942<\/td>\n | $71,298<\/td>\n<\/tr>\n | Maryland<\/td>\n | $164<\/td>\n | $5,000<\/td>\n | $60,000<\/td>\n<\/tr>\n | Massachusetts<\/td>\n | $200<\/td>\n | $6,085<\/td>\n | $73,020<\/td>\n<\/tr>\n | Michigan<\/td>\n | $138<\/td>\n | $4,200<\/td>\n | $50,400<\/td>\n<\/tr>\n | Minnesota<\/td>\n | $141<\/td>\n | $4,283<\/td>\n | $51,390<\/td>\n<\/tr>\n | Mississippi<\/td>\n | $122<\/td>\n | $3,713<\/td>\n | $44,550<\/td>\n<\/tr>\n | Missouri<\/td>\n | $99<\/td>\n | $3,000<\/td>\n | $36,000<\/td>\n<\/tr>\n | Montana<\/td>\n | $138<\/td>\n | $4,213<\/td>\n | $50,550<\/td>\n<\/tr>\n | Nebraska<\/td>\n | $138<\/td>\n | $4,188<\/td>\n | $50,250<\/td>\n<\/tr>\n | Nevada<\/td>\n | $118<\/td>\n | $3,595<\/td>\n | $43,140<\/td>\n<\/tr>\n | New Hampshire<\/td>\n | $219<\/td>\n | $6,650<\/td>\n | $79,800<\/td>\n<\/tr>\n | New Jersey<\/td>\n | $219<\/td>\n | $6,650<\/td>\n | $79,800<\/td>\n<\/tr>\n | New Mexico<\/td>\n | $133<\/td>\n | $4,050<\/td>\n | $48,600<\/td>\n<\/tr>\n | New York<\/td>\n | $158<\/td>\n | $4,800<\/td>\n | $57,600<\/td>\n<\/tr>\n | North Carolina<\/td>\n | $125<\/td>\n | $3,800<\/td>\n | $45,600<\/td>\n<\/tr>\n | North Dakota<\/td>\n | $135<\/td>\n | $4,096<\/td>\n | $49,149<\/td>\n<\/tr>\n | Ohio<\/td>\n | $143<\/td>\n | $4,350<\/td>\n | $52,200<\/td>\n<\/tr>\n | Oklahoma<\/td>\n | $123<\/td>\n | $3,750<\/td>\n | $45,000<\/td>\n<\/tr>\n | Oregon<\/td>\n | $153<\/td>\n | $4,659<\/td>\n | $55,905<\/td>\n<\/tr>\n | Pennsylvania<\/td>\n | $130<\/td>\n | $3,955<\/td>\n | $47,457<\/td>\n<\/tr>\n | Rhode Island<\/td>\n | $163<\/td>\n | $4,950<\/td>\n | $59,400<\/td>\n<\/tr>\n | South Carolina<\/td>\n | $131<\/td>\n | $3,988<\/td>\n | $47,850<\/td>\n<\/tr>\n | South Dakota<\/td>\n | $120<\/td>\n | $3,638<\/td>\n | $43,650<\/td>\n<\/tr>\n | Tennessee<\/td>\n | $133<\/td>\n | $4,039<\/td>\n | $48,465<\/td>\n<\/tr>\n | Texas<\/td>\n | $131<\/td>\n | $3,998<\/td>\n | $47,970<\/td>\n<\/tr>\n | Utah<\/td>\n | $112<\/td>\n | $3,400<\/td>\n | $40,800<\/td>\n<\/tr>\n | Vermont<\/td>\n | $175<\/td>\n | $5,310<\/td>\n | $63,720<\/td>\n<\/tr>\n | Virginia<\/td>\n | $159<\/td>\n | $4,850<\/td>\n | $58,200<\/td>\n<\/tr>\n | Washington<\/td>\n | $189<\/td>\n | $5,750<\/td>\n | $69,000<\/td>\n<\/tr>\n | West Virginia<\/td>\n | $132<\/td>\n | $4,000<\/td>\n | $48,000<\/td>\n<\/tr>\n | Wisconsin<\/td>\n | $145<\/td>\n | $4,400<\/td>\n | $52,800<\/td>\n<\/tr>\n | Wyoming<\/td>\n | $137<\/td>\n | $4,175<\/td>\n | $50,100<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n | Source: Genworth\u2019s Cost of Care Survey Data from the National Senior Living Cost Index<\/em><\/p>\n Check out our latest video on assisted living costs with SeniorLiving.org Editor-in-Chief, Jeff Hoyt, below!<\/p>\n |
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