It’s true factors like apartment size and level of care affect the cost of assisted living significantly. But the price tag also depends on three important things: location, location, location.
In fact, assisted living costs on the East Coast run thousands of dollars higher a month than they do in Southern states, according to Genworth’s recent Cost of Care survey of more than 6,100 assisted living facilities across the U.S.
The median cost of assisted living in California, Texas, and Arizona is moderate, which is great news for seniors eager to trade snow for sunshine. Surprisingly, the cost of assisted living in Florida, a popular retirement destination, is among the most affordable, according to the survey.
Genworth calculates the median cost of assisted living by state. The median cost means half the prices are higher and half are lower.
The median cost of assisted living in the United States is:
Seniors who need more help with dressing, eating, medication management, and other activities of daily living (ADLs) will inevitably have higher expenses. Seniors in states with a higher cost of living, including higher taxes and salaries for senior living staff, will also pay more.
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The East Coast may be abundantly rich in historical landmarks, scenery, and culture, but it’s also known for having higher costs of assisted living.
The top 10 most expensive states for assisted living are:
The South may be known for fried food, sunny skies, and country music, but it also offers a wide range of affordable assisted living options.
The 10 least expensive states for assisted living are:
Each assisted living community has its own design, levels of care, technology, and activities. All these factors affect the overall price. Below is the median monthly and annual cost of a private, one-bedroom apartment in assisted living by state:
Our knowledgeable team of Senior Living Advisors can answer questions about assisted living costs near you. Contact them to find a community that matches your loved one’s needs, personality, and budget.
Genworth. “Cost of Care Survey, 2019.”
Merritt Whitely is an editor at A Place for Mom. She developed health content for seniors at Hearing Charities of America and the National Hearing Aid Project. She’s also managed multiple print publications, blogs, and social media channels for seniors as the marketing manager at Sertoma, Inc.