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The Cost of Senior Living Compared with Living at Home
Deciding what is best for an aging parent who needs support involves many factors, not the least of which is cost. That’s why it’s important to understand exactly what expenses you are comparing.rnrnWhen adding up the costs of housing, home care, utilities, groceries, transportation and more – many older adults find they are actually spending more living alone in their homes than they would at a senior living community. Use this calculator to get a side-by-side comparison of home living expenses and the rates at senior living options you are considering.
Input your current expenses vs senior living here to compare:
monthly expenses
your present home
senior living
Mortgage or Rent Payment
Home or Renter’s Insurance
Caregiving
Utilities (Electricity, Gas, Water, Sewer, Trash Removal)
Included
Property Insurance & Taxes
Included
Lawn Care & Landscaping Maintenance
Included
Housekeeping
Included
Maintenance & Home Repairs
Included
24-Hour Security
Included
Laundry Service (Washer & Dryer)
Included
Transportation (Insurance, Gas, Registration, Repairs)
Included
Dining
Included
Social, Cultural & Recreational Events
Included
Exercise & Wellness Programs
Included
24-Hour Emergency Alert System
Included
Full-Time Activities Staff
Included
Family Toolbox
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How Do You Know It’s the Right Time for Senior Living?
How Do You Know It’s the Right Time for Senior Living?
There’s rarely one big, waving, red flag of a sign. Instead, little things can be telling developments.5 Signs That It’s Time for Senior Living -
What’s the difference between types of senior care?
What’s the difference between types of senior care?
Once you know you need more support, it’s time to find a place with the services and environment that best fit your needs.Understanding the Difference Between Senior Care Options -
How do I find the right fit for my family?
How do I find the right fit for my family?
It’s good to have options – but it can also be daunting. Here’s how to simplify the process of evaluating them all, and feel confident about your choice.8 Key Factors to Evaluate When Touring a Senior Community -
How much will senior living cost vs. staying at home?
How much will senior living cost vs. staying at home?
Use this worksheet to get a side-by-side comparison of home living expenses and the rates at senior living options you are considering.Senior Living Cost Comparison Calculator -
How can senior living benefit health and well-being?
How can senior living benefit health and well-being?
See how research shows senior living often leads to improvements in terms of health, happiness, independence and even financial well-being for the majority of residents.9 Proven Benefits of Senior Living -
Once I’ve decided to choose senior living, what’s next?
Once I’ve decided to choose senior living, what’s next?
What should you pack? Who needs to know your new address? Find out everything you need to do to make your move go smoothly – and when you need to do it.Senior Living Move-in Checklist
How Do You Know It’s the Right Time for Senior Living?
There’s rarely one big, waving, red flag of a sign. Instead, little things can be telling developments.
5 Signs That It’s Time for Senior Living
What’s the difference between types of senior care?
Once you know you need more support, it’s time to find a place with the services and environment that best fit your needs.
Understanding the Difference Between Senior Care Options
How do I find the right fit for my family?
It’s good to have options – but it can also be daunting. Here’s how to simplify the process of evaluating them all, and feel confident about your choice.
8 Key Factors to Evaluate When Touring a Senior Community
How much will senior living cost vs. staying at home?
Use this worksheet to get a side-by-side comparison of home living expenses and the rates at senior living options you are considering.
Senior Living Cost Comparison Calculator
How can senior living benefit health and well-being?
See how research shows senior living often leads to improvements in terms of health, happiness, independence and even financial well-being for the majority of residents.
9 Proven Benefits of Senior Living
Once I’ve decided to choose senior living, what’s next?
What should you pack? Who needs to know your new address? Find out everything you need to do to make your move go smoothly – and when you need to do it.
Senior Living Move-in Checklist