Cost of Assisted Living
Assisted Living Costs by Geographic Location
Just as the cost of real estate varies by geographic area, assisted living costs also vary nationwide. According to a Market Survey of Long-Term Care Costs conducted by the Metropolitan Life Insurance Company (MetLife), the national average for assisted living base rates was $3,550 per month in 2012.
According to the 2013 Cost of Care Survey conducted by Genworth Financial, assisted living showed the largest rate increase since 2012 among all categories of senior care, rising 4.55%. Residents of assisted living communities can typically expect a 3-5% annual increase in their base rate.
The table below shows the range of monthly assisted living costs by state in 2013* for a one-bedroom, single-occupancy assisted living apartment across the United States:
State | Minimum | Median | Maximum |
Alabama | $1,700 | $2,600 | $5,691 |
Alaska | $3,750 | $6,000 | $8,145 |
Arizona | $1,500 | $3,350 | $5,930 |
Arkansas | $1,025 | $2,865 | $4,238 |
California | $933 | $3,710 | $8,445 |
Colorado | $1,900 | $3,520 | $6,293 |
Connecticut | $1,700 | $5,000 | $8,910 |
Delaware | $3,150 | $5,533 | $6,990 |
Florida | $913 | $3,000 | $6,510 |
Georgia | $950 | $2,703 | $5,300 |
Hawaii | $3,325 | $4,200 | $5,000 |
Idaho | $2,100 | $3,198 | $4,500 |
Illinois | $1,732 | $4,050 | $6,345 |
Indiana | $1,530 | $3,705 | $6,210 |
Iowa | $1,290 | $3,150 | $4,920 |
Kansas | $2,025 | $3,490 | $6,000 |
Kentucky | $1,170 | $2,720 | $6,450 |
Louisiana | $1,975 | $3,150 | $5,759 |
Maine | $1,800 | $4,500 | $7,415 |
Maryland | $1,000 | $3,400 | $7,680 |
Massachusetts | $3,000 | $4,950 | $8,000 |
Michigan | $718 | $2,850 | $6,975 |
Minnesota | $1,493 | $3,350 | $7,500 |
Mississippi | $1,800 | $3,000 | $5,040 |
Missouri | $1,310 | $2,288 | $5,130 |
Montana | $2,100 | $3,600 | $4,975 |
Nebraska | $1,076 | $3,360 | $5,745 |
Nevada | $1,750 | $2,850 | $4,500 |
New Hampshire | $2,100 | $3,589 | $6,825 |
New Jersey | $2,559 | $5,994 | $7,860 |
New Mexico | $2,500 | $3,518 | $5,491 |
New York | $1,500 | $3,950 | $9,500 |
North Carolina | $1,182 | $2,900 | $6,748 |
North Dakota | $1,250 | $2,852 | $4,050 |
Ohio | $1,980 | $3,920 | $7,770 |
Oklahoma | $900 | $2,967 | $5,800 |
Oregon | $2,309 | $4,023 | $6,570 |
Pennsylvania | $1,000 | $3,175 | $7,800 |
Rhode Island | $2,203 | $4,148 | $6,366 |
South Carolina | $1,122 | $3,000 | $5,775 |
South Dakota | $1,900 | $3,036 | $4,338 |
Tennessee | $1,500 | $3,525 | $6,000 |
Texas | $1,200 | $3,336 | $6,500 |
Utah | $1,890 | $2,888 | $5,000 |
Vermont | $1,788 | $3,750 | $7,210 |
Virginia | $1,079 | $3,775 | $7,000 |
Washington | $1,075 | $4,250 | $7,500 |
West Virginia | $1,800 | $3,250 | $5,679 |
Wisconsin | $1,460 | $3,538 | $7,050 |
Wyoming | $1,489 | $3,300 | $5,150 |
*From the Genworth Financial 2013 Cost of Care Survey.
The states with the most expensive median monthly assisted living costs are:
- Alaska – $6,000
- New Jersey – $5,994
- Delaware – $5,533
- Connecticut – $5,000
- Massachusetts – $4,950
The states with the least expensive median monthly assisted living costs are:
- Missouri – $2,288
- Alabama – $2,600
- Georgia – $2,703
- Kentucky – $2,720
- Michigan – $2,850
Additional Costs for Assisted Living
Assisted living communities charge a refundable deposit fee, which secures a particular apartment within the community for a specific period of time (usually two weeks). Once a resident moves in, this deposit usually applies towards a community fee (terms for the name of this fee may vary).
Ranging from $1,000 to $5,000, this fee is non-refundable and covers administrative expenses and the cost of apartment renovations between residents. Other assisted living costs may include fees for private transportation, off-site activities, guest meals and use of a guest apartment within the community. (from source http://www.seniorhomes.com/p/assisted-living-cost/ )
The cost of moving into a nursing facility or assisted living facility per month is about the same cost as buying a walk in bathtub once. A walk in bathtub will help you remain in your home for about the cost of one to two months assisted living. When considering the next step contact Bathe Safe Walk In Bathtubs for all senior modifications and stay independent in your home for years to come. Don’t pay the high prices of living facilities.