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.

Almost 70% of people turning 65 today will need some type of long-term care services. So, how will they pay for it?

Going-in cap rates for independent living and assisted living properties are currently in the 5.75% to 7% range. That’s according to a new valuation and ...

Sadly, people age at different rates, and even people who've ... found the median monthly cost for an assisted living community to be $5,350, totaling $64,200 annually. Paying for one person ...

On average, monthly rates for senior living communities in the U.S. range from $2,000 to $10,000. The cost is based on the type of services and assistance required and the location. Interested ...

Assisted living is expensive ... in the benefits they can offer and mainly differ in terms of monthly premium rates. Applying for Medicaid is likely your best bet for financial assistance with ...

Assisted living care often serves as a bridge between independent living and nursing home care. Some facilities may charge an entrance fee, and the monthly ... afford that rate, some communities ...