Seniors Housing Costs

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Assisted Living Locators - Greater Pittsburgh

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Sep 12, 2023

Understand what the financial picture looks like.

With so many senior living options at so many different price points, it can be hard to know which option is best for you and your loved one. Before making a decision, it’s important to understand the different types of residences available to you—and their associated costs.

Evaluating Your Housing Needs

When determining senior housing costs, your first step is to decide which type of housing your loved one needs. There are a wide range of options and care services available for senior living, including:

  • Independent living
  • Assisted living communities
  • Assisted living homes
  • Alzheimer’s and dementia care
  • In-home companion care
  • Skilled nursing care

Assisted living is often less expensive than in-home care. Costs will also vary depending on unit size—for example, a studio, versus a one or two-bedroom apartment. The average nationwide cost for a private, one-bedroom apartment in an assisted living residence is about $3,000 per month. And just like general housing, there is a wide difference in senior housing and care costs depending on which part of the country in which you live. Your local Assisted Living Locators Care Advisor can tell you about the costs in your area.

Additional Senior Housing Costs

When evaluating senior housing options, be sure to ask about:

  • Pricing models. Most assisted living communities have a base rate for the room and a tiered pricing add-on that varies based on the level of care required. The more care that is required, the higher the care add-on price. Other residences may be all-inclusive, a la carte, or charge on a fee-for-service basis.
  • Additional fees. The base rate for senior housing typically covers room and board, meals, housekeeping, activities and 24-hour onsite support. Additional charges may include entrance fees, deposits, and fees for other services such as transportation, laundry, pets and cable.
  • Lease length. Most assisted living residences charge on a month-to-month basis, but some may require a more long-term arrangement.

Determining Your Budget

Many senior living residents and their families pay for senior housing costs through private financial resources. Long Term Care Insurance (LTCI) is also a way families defray costs. Many communities also operate on a “spend down” model, where the senior pays privately for their housing and care for an agreed upon period of time, and once their financial resources are depleted, they are transitioned into state provided Medicaid assistance. These policies and procedures can vary by state; contact your local Assisted Living Locators Care Advisor in your area for the rules in your community.

How Much Can You Afford?

When trying to calculate what you can afford for independent retirement, assisted living or dementia/Alzheimer’s care, the place to start is figuring out your current expenses. When a person moves into one of these communities, almost all day to day expenses are covered. Usually, the only additional out-of-pocket costs are a phone, cable, out of pocket medical, and petty cash for entertainment, clothes or sundries.

Monthly Cost
Rent or Mortgage$
Utilities$
Repairs/Maintenance$
House Cleaning$
Property Taxes$
Enhanced Cable Service/Internet$
Home Insurance$
Security$
Food$
Local Transportation$
Leisure Activities$
Personal Assistance$
Other$
Total Expenses

Financial Assistance Options

We know you want the very best for your loved one. If your budget is limited, that doesn’t mean that you can’t afford suitable care. There are several government programs to help subsidize senior housing costs.

  • Medicare. While neither Medicare A nor B offer coverage for assisted living, Medicare A (hospital insurance) may cover costs incurred in a skilled nursing facility for the first 100 days after being released from hospitalization for an acute illness or injury. Ask Medicare can provide more information on these benefits, plus other helpful tools to help you make informed health decisions for your loved one.
  • Medicaid. Medicaid, which provides federal health-care assistance to lower-income Americans, is the biggest payer for room, board, nursing care, and social activities in nursing homes. Many states cover some assisted living services under their Medicaid programs. With the Assisted Living Housing Waiver, eligible low-income adults can choose to receive senior living care services in a community-based setting rather than in a nursing facility.
  • Housing Subsidies. Seniors with annual incomes under $12,000 may qualify for U.S. Department of Housing and Urban Development 202 and Section 8 senior housing. This can provide rent subsidies to help you pay for room-and-board at either an independent or assisted living residence.
  • Veterans Subsidies. Aid and Attendance is a benefit paid by Veterans Affairs (VA) to veterans, veteran’s spouses or surviving spouses. 
  • Long-term care insurance is an insurance product that helps pay for the costs associated with long-term care. Long-term care insurance covers care generally not covered by health insurance, Medicare, or Medicaid. Additionally, in certain instances an in-force life insurance policy contains an assisted living rider or can be converted into a long term care insurance product.

For more information and advice on financing senior living or memory care services, you can visit the Center for Long-Term Care Financing, AARP, the National Association of Insurance Commissioners, and America’s Health Insurance Plans.

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Comparing Senior Housing Options in Monmouth County, NJ

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Finding Independence and Community in Mobile, AL

Finding Independence and Community in Mobile, ALFor many older adults, independence means having the freedom to make personal choices, maintain familiar routines, and enjoy meaningful relationships.However, certain household responsibilities may become more difficult with age.An individual may want to continue socializing and participating in community events but require assistance with bathing or dressing. 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Where is The Meadows of Monroeville located?The community is located at 600 Highway 21 Bypass, Monroeville, AL 36460. Its phone number is 251-575-3001.2. What daily assistance does The Meadows provide?The community offers personal care, medication assistance, meals, housekeeping, laundry, recreation, transportation, and periodic wellness checks.3. Does The Meadows coordinate home health or therapy?Yes. The provider advertises coordination with outside home health, hospice, or therapy professionals when appropriate.4. How many units does the community have?The Seniors Blue Book profile lists 16 assisted living units, with private accommodations advertised by the provider.5. What is the monthly cost of The Meadows of Monroeville?The Seniors Blue Book profile publishes a starting price of $2,565 per month. 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Assisted Living Locators - Greater Pittsburgh Area

Housing Placement & Resource Specialists 1419 Macon Avenue, Pittsburgh, Pennsylvania, 15218

Hello, I am Jennifer Thayer.  Exploring senior living options can be confusing and timeconsuming. Assisted Living Locators Care Advisors are in your community and work closely with you to guide you through the process from beginning to endanswering your questions and addressing your concerns, helping you feel confident and comfortable with your decisions. As a native of Pittsburgh with expertise in nursing as well as senior living options, I will provide a hands-on approach that is unique to your needs. I will guide you & your family through the entire complex, time consuming, and sometimes overwhelming process of senior care. We will discuss your needs, visit communities together, and I answer all of your questions about care options and cost. Beyond move-in day at your community, I will continue to visit and advocate for your well-being. I will make sure your community is meeting all of your needs & providing you with excellent care. I have been a Registered Nurse for 15 years, providing care, guidance and compassion for people in the Pittsburgh area as well as nationally.  In addition to my nursing degree, I also have a bachelors degree in Psychology.  My Psychology degree combined with my work/volunteer experience in the field as equipped me to deal with the diverse mental and emotional needs of others.  Helping others has always been a passion of mine.  Our seniors are overlooked too often and this is why I have been inspired to pay it forward and to assist seniors with their next chapter in life. You and your family will have a personal Senior Care Advisor free of charge assisting you through the entire process. As a Registered Nurse I have a network of reputable, trusted communities and providers throughout the Pittsburgh area that share one common goal: providing excellent care while showing compassion. I will listen to you and address your concerns and needs. I will make sure care options and cost are appropriate. I will be available to you and your family every step of the way even after you are settled into your new home. You never need to worry about getting a one size fits all solution. Instead, you can rest assured that the communities and homes we recommend have been pre-screened and personally matched to your loved ones needs.Unbiased solutions at no cost to you.My only obligation is to you and making sure that we help you find the best solution for your needs. You can depend on me to make finding care as simple and quick as possible.I am ready to help you:- Simplify your search- Understand the options- Compare costs and services- Provide unbiased, personal, and expert guidance- Make the best senior care choice for your loved oneOur Free Senior Living Services:Our care advisors take a 4-step approach to guiding you through the process of finding the best senior living option for your family.In-Depth Assessment of Your NeedsDiscuss your needs (in-person or by phone) to learn how we can best serve you.Thoughtful Analysis & RecommendationsProvide a customized plan to match your particular needs.Assistance with Selection ProcessHands-on help and guidance as you review services and amenities, and tour care options.Transition SupportCaring support to make the move smooth and worry free, as well as follow up support to make sure that your expectations are being met by the community or home.What to Expect When You Call UsWe want to learn as much as we can We dig deep with you to really understand what your family needs both for a new living situation and for other support services.Our Individualized AssessmentAn Assisted Living Locators care advisor will meet with you and your family to discuss available and appropriate options. We evaluate all aspects of your senior situation to find the right match, whether its health care needs, religious and political affiliations, mobility requirements, budgets, desired social activities, locations, or the 1001 ways that make your senior unique.We Are Your Comprehensive GuideWe are committed to being compassionate and concerned with the needs of our clients. We are your comprehensive guide to matching the care you desire with the living options in your community. The facilities in our network reimburse for our services so that we can remain at no cost to you.Finding the Care that is Right for Your FamilyWhen we evaluate a senior living facility, we examine not only the amenities, but also the special features and characteristics. After we verify the services you need are met by the community, we consider the unique aspects that will make the difference in selecting a home best suited for your loved one.Im here, ready to help.  Give me a call today!

Assisted Living Locators - Greater Pittsburgh Area

Senior Transition Services 1419 Macon Avenue, Pittsburgh, Pennsylvania, 15218

Hello, I am Jennifer Thayer.  Exploring senior living options can be confusing and timeconsuming. Assisted Living Locators Care Advisors are in your community and work closely with you to guide you through the process from beginning to endanswering your questions and addressing your concerns, helping you feel confident and comfortable with your decisions. As a native of Pittsburgh with expertise in nursing as well as senior living options, I will provide a hands-on approach that is unique to your needs. I will guide you & your family through the entire complex, time consuming, and sometimes overwhelming process of senior care. We will discuss your needs, visit communities together, and I answer all of your questions about care options and cost. Beyond move-in day at your community, I will continue to visit and advocate for your well-being. I will make sure your community is meeting all of your needs & providing you with excellent care. I have been a Registered Nurse for 15 years, providing care, guidance and compassion for people in the Pittsburgh area as well as nationally.  In addition to my nursing degree, I also have a bachelors degree in Psychology.  My Psychology degree combined with my work/volunteer experience in the field as equipped me to deal with the diverse mental and emotional needs of others.  Helping others has always been a passion of mine.  Our seniors are overlooked too often and this is why I have been inspired to pay it forward and to assist seniors with their next chapter in life. You and your family will have a personal Senior Care Advisor free of charge assisting you through the entire process. As a Registered Nurse I have a network of reputable, trusted communities and providers throughout the Pittsburgh area that share one common goal: providing excellent care while showing compassion. I will listen to you and address your concerns and needs. I will make sure care options and cost are appropriate. I will be available to you and your family every step of the way even after you are settled into your new home. You never need to worry about getting a one size fits all solution. Instead, you can rest assured that the communities and homes we recommend have been pre-screened and personally matched to your loved ones needs.Unbiased solutions at no cost to you.My only obligation is to you and making sure that we help you find the best solution for your needs. You can depend on me to make finding care as simple and quick as possible.I am ready to help you:- Simplify your search- Understand the options- Compare costs and services- Provide unbiased, personal, and expert guidance- Make the best senior care choice for your loved oneOur Free Senior Living Services:Our care advisors take a 4-step approach to guiding you through the process of finding the best senior living option for your family.In-Depth Assessment of Your NeedsDiscuss your needs (in-person or by phone) to learn how we can best serve you.Thoughtful Analysis & RecommendationsProvide a customized plan to match your particular needs.Assistance with Selection ProcessHands-on help and guidance as you review services and amenities, and tour care options.Transition SupportCaring support to make the move smooth and worry free, as well as follow up support to make sure that your expectations are being met by the community or home.What to Expect When You Call UsWe want to learn as much as we can We dig deep with you to really understand what your family needs both for a new living situation and for other support services.Our Individualized AssessmentAn Assisted Living Locators care advisor will meet with you and your family to discuss available and appropriate options. We evaluate all aspects of your senior situation to find the right match, whether its health care needs, religious and political affiliations, mobility requirements, budgets, desired social activities, locations, or the 1001 ways that make your senior unique.We Are Your Comprehensive GuideWe are committed to being compassionate and concerned with the needs of our clients. We are your comprehensive guide to matching the care you desire with the living options in your community. The facilities in our network reimburse for our services so that we can remain at no cost to you.Finding the Care that is Right for Your FamilyWhen we evaluate a senior living facility, we examine not only the amenities, but also the special features and characteristics. After we verify the services you need are met by the community, we consider the unique aspects that will make the difference in selecting a home best suited for your loved one.Im here, ready to help.  Give me a call today!