How much does assisted living cost versus home care?
The monthly cost for assisted living varies greatly across the country. These costs also will vary based on the facility’s location, room size, and the types of services needed by the residents. Nationally, assisted living costs average between $2,500 and $3,000 per month. Although some can be found for under $1,000 per month and some can be over $6,000 per month. Homecare costs vary greatly and will be dependent upon the level of skill required. Medical professionals will cost more per hour than non-medical / companion care. Rates can be as low as $15 per hour up to $40-$50 per hour depending on the level of care required and the location. Depending on the amount of support required by the elder, assisted living can be less than the cost of home care, however, each situation is unique, and very often cost may not be the most important factor in determining the best solution for your loved one.