Assisted living costs anywhere from $2000 to $8000 a month, depending on where you live and what services are needed.
Every state regulates assisted living differently, and every provider operates their communities uniquely — both of which factor into the cost. In states with more stringent regulatory requirements (read about assisted living regulations here), operational costs may be higher.
You can expect a higher price point in these luxury senior living homes, but know that, if your loved one requires more specialized care and services, even a moderately priced community may end up being quite costly.
In general, most assisted living communities offer a “core services” package, comprised of room and board charges (utilities included), basic weekly housekeeping and maintenance services, access to activities and some transportation, and limited personal care services.
Additional services (sometimes referred to as “supplemental services”) like meal reminders, medication management, laundry, assistance with personal care and ADLs (activities of daily living)/IADLs (instrumental activities of daily living) are typically charged on an a la carte basis. Often, a resident’s ability to manage ADLs and IADLs is the foundation for assessing costs beyond what is covered in the core services package.
Dig deeper: compare median annual costs between states and among metropolitan areas within states via this Cost of Care Tool provided by Genworth Insurance.