Compare the Cost of Senior Living to Staying at Home
Are you able to afford senior living? We’ve created this cost of senior living calculator to help you understand the costs of senior living versus the costs of aging in place. To estimate the cost of your options, simply fill in your current expenses and let us know the living option you think is right for you.
Step 1 (Current Costs):
|At-Home Expenses||Monthly Cost|
|Mortgage or rent payment|
|Total of utilities|
|Home or renters insurance|
|Grocery and Food|
|Entertainment, hobbies, etc.|
|Lawn care and cleaning services|
|Maintenance or repairs|
|Transportation (Vehicle insurance, registration, gas, maintenance, and repairs)|
|Current or Anticipated Home Health Care / Companion Costs
(The average national monthly cost is $3,360-5,760)
Do not leave options above blank.Next
Step 2 (Care):
Choosing an option below is required.
Step 3 (Affordability):
Based on the information you’ve provided, here’s a comparison of staying in your home vs. senior living.
Current Monthly At-Home Living with Anticipated Home Health Care/Companion Costs
At home living without in-home care cost
*This information is based on national data and does not reflect regional price variations.
**Keep in mind, supplemental resources may cover up to 50-100% of your monthly fees in a senior community. A Veteran’s pension or life insurance plan may apply and long-term care policies can contribute $90-120 per day of care costs, or roughly $3,660 per month on average.