An assisted living facility is generally described as a middle point between independent living and a nursing home. This description, however, does not give the full picture of the huge variety available in assisted living institutions. The range of structures, services, and communities that fall into the category of assisted living is actually quite astounding. These might include:
- Large apartment complexes
- Individual cottages
- Duplexes, triplexes, or fourplexes
- Converted homes or mansions
- Mixture of these different types of facilities
- Larger complexes offering independent, assisted, and nursing home car
So what is the cost of assisted living? The answer, of course, is that it depends on a broad range of factors, such as the amount of care needed, the services you wish to attain or the patient’s location.
Depending on whether the patient will need intermittent care in his own home or a full-time staff at a senior living building, the difference in cost can range from a few hundred dollars per month for in-home care, to several thousand dollars for an upscale apartment in a room and board facility.
As for location, the same cost of living factors that affect those without assisted living needs will have an impact on those who do. Estimates suggest that depending on which city the patient will reside in, the cost can vary by more than 150%.
According to the Assisted Living Federation of America and several nonprofit senior nursing organizations, a private one-bedroom in an assisted living facility can cost up to $3000 per month on average.
Nevertheless, the cost of assisted living will always depend on a variety of elements. The decision to place a loved one in the care of strangers, professional though they may be, is hard enough without the financial aspects to consider. But with a small investment in time to research your options, you may find that the financial sting of the experience can be minimized without compromising on the quality of care.