ASSISTED-LIVING COSTS

  • The Assisted Living Federation reports the average age of an assisted living resident is 86 years of age.
  • According to a recent Consumer Reports study, the national median cost of a private one-bedroom in assisted-living costs 43,000 a year, actual nursing home costs can double the expense.
  • Studies have shown more than half of the residents suffer from some form of dementia impairment.
  • Dementia is one of the costliest conditions to society. In 2017 total payments for all individuals with Alzheimer’s or other dementias are estimated at $259 billion.