Important Information Regarding COVID-19: Our Response
February 21, 2023
Published by: CHI Living Communities
Assisted living is a popular option for seniors who need assistance with daily activities but still want to maintain their independence. However, many people are hesitant to consider this option due to the cost. Understanding the costs of assisted living is important when making a decision about the best living arrangement for you or a loved one.
According to Genworth Financial, the national median cost of assisted living communities in 2021 was $4,500 per month or $54,000 annually. However, this cost can range from around $3,000 to $7,000 per month.
It’s important to keep in mind that the cost of assisted living can vary widely depending on the location and the type of community you choose. It’s essential to do your research and compare costs between different communities. Additionally, it may be a good idea to consult with a financial advisor or a Medicaid specialist to help you understand the costs and determine the best options for you or a loved one.
In conclusion, the cost of assisted living can vary depending on the location and the type of community you choose, as well as the services and care required. There are several options available to help cover the costs, including Medicaid, long-term care insurance, and private pay. It’s important to understand the costs and make an informed decision when choosing an assisted living community.
Below is a list of the CHI Living Communities’ campuses that offer assisted living services. Click on a location to learn more.
Bishop Drumm Retirement Center - Johnston Iowa
The Gardens at St. Elizabeth - Denver, Colorado
Madonna Manor - Villa Hills, Kentucky
Riverview Place - Fargo, North Dakota
Providence Care Center - Sandusky, Ohio
The Gardens of St. Francis - Oregon, Ohio
St. Clare Commons - Perrysburg, Ohio
St. Leonard - Centerville, Ohio
Franciscan Villa - South Milwaukee, Wisconsin
If you have further questions, please contact the community in your area or contact us here.