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The average cost of assisted living in the United States is $5,350 per month or $64,200 annually for a private, one-bedroom arrangement, according to Genworth's 2023 Cost of Care Survey. The cost ...
I’m 79, my assisted living costs $4,500/month, my Social Security is $2,000 and my pension is $1,000 — but my $175,000 savings are getting drained quickly.
Genworth estimates that the median cost of an assisted living facility is $54,000 per year. ... Plan for other costs, too, such as pet fees, move-in fees, first-month deposits, medications, and ...
The monthly fees rise when further care is needed (assisted living average $4,400; nursing care average $8,200). Pay as you go: Residents pay a lower entrance fee (average $238,000), but initial monthly fees (average $2,000) increase when additional care is needed (assisted living average $4,300; nursing care average $7,700)
The primary problem with these facilities today are their exorbitant cost (reported as average of $123,053 per person, likely institutions)compared to home and community-based Medicaid waiver services ($42,896 per person) which also far exceed the cost of nursing facilities (American Association of Retired Persons, 2012, p. 14).
Inova Health System is a not-for-profit health organization based in Falls Church, Virginia, United States, near Washington, D.C. The system is a network of hospitals, outpatient services, assisted living and long-term care facilities, and healthcare centers in the Northern Virginia market. [4] [5]
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