Assisted living is costly, but experts say there are good ways to cut down on these types of expenses. Getty Images Whether you choose retirement or you can no longer work, it might be time to ...

The average assisted living costs will vary within each state, too. For example, the cost of an assisted living facility in the Los Angeles area was, on average, about $5,250 per month in 2021.

Without insurance coverage, it costs more than $5,000 per month to stay in an assisted living facility and nearly $10,000 per month to stay in a private nursing home room on average.

Long-Term Care Costs for Seniors by State As the nation’s largest senior living advisory service, A Place for Mom aims to help seniors and their families find the best care fit for their ...

According to J.D. Power’s 2023 US Senior Living Satisfaction Study, the rise of senior living costs is on par with the NCOA’s estimations at a 5.4% increase recorded in this year’s third ...

There are now 31,000 assisted living facilities nationwide — twice the number of skilled nursing homes. Four of every five facilities are run as for-profits.

The add-ons pile up: $93 for medications, $50 for cable TV. Prices soar as the industry leaves no service unbilled. The housing option is out of reach for many families.

Budget for the future Planning a budget for the future is essential when considering senior living, as it provides financial stability and peace of mind throughout your retirement years. Start by ...