Paying for Care · 6 min read · By the Senior Living USA Team
The cost of senior care is one of the biggest worries for families. Prices vary by place and by the level of help needed, so the best first step is to understand what drives the cost.
What Affects the Price
- Location. Costs vary from city to city and state to state.
- Level of care. More help with daily tasks usually costs more.
- Type of setting. Care at home, assisted living, memory care, and nursing care are priced differently.
- Room and amenities. Private or larger rooms and extra services can raise the monthly cost.
What Is Usually Included
Ask every community to explain exactly what the monthly price covers. Many include housing, meals, and activities. Care services, medication help, and other extras may cost more.
Ways Families Plan for It
- Savings, income, and Social Security
- Long-term care insurance, if your loved one has it
- Veterans benefits, if they apply
- Selling or renting the family home
- Medicaid, for those who qualify
Medicare has limits on what it covers for long-term care. Our Medicare and Medicaid guide explains the basics in plain English.
Questions to Ask Before You Sign
- What is included in the monthly price?
- How and when can prices change?
- What happens to the cost if care needs increase?
- Are there entrance, community, or move-in fees?
You Do Not Have to Decide Alone
Our advisors can help you understand the options in your area and plan next steps at your family’s pace. Talk to an advisor or call (888) 574-3178, Mon–Sat, 9am–6pm.
This article is general information, not medical, legal, or financial advice. Please speak with a qualified professional about your family’s situation.