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What is a reasonable rate of pay for residential homes?

If I open a small 3-4 person elderly residential home, in rural Maine, what rate of pay would be reasonable?
Status: Open    Jun 08, 2015 - 07:26 AM

Finance

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Jun 20, 2015 - 11:31 AM

You may want to contact some of the local providers. Rates are often based on cost of living, for example, an assisted living in NYC may start at 7500/month whereas one in rural midwest is more in the range of $3000/month.
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By image075 on Jul 09, 2016 - 08:52 PM | Like (0)  |  Report

I think it also depends on the care of the home that the patient is going to as well as the activities provided and if there is special accommodation with regards to diet and others.

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