June 21, 2012

How Much Does Assisted Living Cost?


Photo courtesy of 401K 2012

While this doesn't directly affect working conditions of assisted living employees, or the level of care you can provide, it is helpful to be aware of the costs that residents face in managed care facilities. As with most things, costs are going up in all aspects of healthcare - from medicines to housing - and the price of most assisted care far exceeds the average Social Security income that most seniors depend upon.

According to a recent article in Assisted Living Today, "The average cost of senior living can range from $500 to $1500 a month, according to the United States Bureau of Labor Statistics. Seniors residing in assisted living facilities have a monthly average cost ranging from $1,500 to $3,500 a month. The average cost of senior living varies by state and region, but expenses are going up across the board for the basics seniors need every month."

Read more at Assisted Living Today.

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