Inflation is the biggest factor in driving up the average cost of assisted living, with costs for residents increasing by 10% in 2024 from 2023.
As the costs of goods continues to increase nationwide, Social Security benefit adjustments aren't expected to keep up.
Independent living made its mark in 2024, with data revealing changing price dynamics, occupancy and inventory compared with other senior living and care settings.
Monthly senior living prices are all-inclusive based on the care and amenities each community offers. Home care costs are calculated as hourly rates, since monthly totals can vary based on the ...
Atria Senior Living offers more than 210 assisted living and independent living communities across 26 states and seven Canadian provinces. The company provides communities for those in need of ...
Lower inflation could actually be good for retirees, even if it keeps future Social Security increases in check.