What are the costs associated with assisted living retirement communities?
The cost of living in an assisted living community will vary with each community and will depend on the apartment type and size as well as the types of services needed by each resident. Living in an assisted living community usually costs less than home health services and nursing home care. For residents who need services, a basic assisted living fee may cover all services or there may be additional charges for special services. Most assisted living residences charge month-to-month rates and residents and their families generally pay from their own financial resources.