Where cost of (assisted) living is highest
June 6, 2016 3:53 PM
Where cost of (assisted) living is highest
Many elderly Americans opt to move to assisted living communities in the earlier stages of their retirement. And while the price of these facilities has stayed relatively stable compared to other long-term care costs, there is still a discrepancy in prices among states. The range gets even wider between cities.
The median monthly cost for an assisted living community is $3,628 per month, an increase of nearly 1% from 2015, according to Genworth's annual Cost of Care study.
Click through to see the top 10 most expensive states for assisted living communities, ranked by median yearly cost. Costs are also broken down by region where applicable. -- Maddy Perkins
The median monthly cost for an assisted living community is $3,628 per month, an increase of nearly 1% from 2015, according to Genworth's annual Cost of Care study.
Click through to see the top 10 most expensive states for assisted living communities, ranked by median yearly cost. Costs are also broken down by region where applicable. -- Maddy Perkins
Washington
Clients seeking more affordable options may consider residing in Longview.
New Hampshire
Clients trying to save should avoid residing in the Manchester area, New Hampshire's most expensive region for assisted living communities.
Vermont
Clients seeking more affordable options may consider residing in the Burlington area.
Rhode Island
Clients trying to save should avoid residing in the Providence area, Rhode Island's most expensive region for assisted living communities.
New Jersey
Clients seeking more affordable options may consider residing in the Vineland area.
Connecticut
Clients trying to save should avoid residing in the Bridgeport area, Connecticut's most expensive region for assisted living communities.
Maine
Clients seeking more affordable options may consider residing in Bangor.
Massachusetts
Clients seeking more affordable options may consider residing in Pittsfield.
Alaska
Clients trying to save should avoid residing in Fairbanks, Alaska's most expensive city for assisted living communities.
District of Columbia
Clients seeking more affordable options may consider residing in the Washington area.
