By 2037 the average daily cost for Assisted Living will be $482 per day!**

Yes, that is $173,758 per year!

I know unbelievable right?

**This information comes directly from: www.LongTermCare.gov

Here is a common statement I often hear:

What do you mean Medicare does not pay for the Cost of Long Term Care!!!

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Costs

The cost of the facility depends on the type of facility you choose and also the level of care that is provided to keep the senior safe and enhance their quality of life.

Board and Care costs range from $1,200-$2,500 for a semi-private room, which includes all room and board as well as all costs for personal care (including medication management and incontinence care). Private rooms range from $2,000-4,000 per month. A few Board and Care homes will accept one client at an SSI rate ($1,050 per month).

Assisted Living communities charge between $2,000-$3,500 for a private studio with a small kitchenette and bathroom. This price only includes rent, 3 meals/day, house-keeping, laundry, activities and transportation. Any personal care like bathing, grooming, toileting, medication management etc. are at an additional cost; the fee for services is either based on a level of care or a point system. A one-bedroom costs range from $2,500-$5,000.