Deciding on moving to assisted living for yourself or a senior loved one is not a step to be taken lightly, and one of the first questions families often ask is: “What will this cost?” While every family member feels their loved one deserves only the most luxurious lifestyle, financial strain and uncertainty on the price tag of community features can cause a lot of stress on relationships and emotional well-being.
That’s why understanding the financial aspects of assisted living in Marlton, NJ, will help your family plan with complete confidence and avoid surprises down the road. In this blog, our team at Arbor Terrace Marlton will provide the clarity you need to make the choice that’s best for everyone.
Average Cost of Assisted Living in Marlton, NJ
The cost of assisted living in Marlton, NJ, varies depending on the community, the level of care needed, and the amenities provided. On average, families can expect to pay between $7,000 and $9,000 per month (not factoring in financial assistance programs you may qualify for). While this might feel like a significant expense, it typically includes everything your loved one could need, including a spacious apartment, chef-led dining, and daily care, all services that would add up if managed individually at home.
What’s Included in the Monthly Fee?
Award-winning assisted living communities
in Marlton bundle several essentials into their monthly rate, such as:
- Private or semi-private housing
- Nutritious meals and snacks
- Personal care assistance (bathing, dressing, medication management)
- Social, recreational, and wellness activities
- Housekeeping, laundry, and maintenance
These inclusions make it easier to budget, but it’s important to ask about services that may come with additional fees, such as transportation, specialty therapies, or certain personal care items.
Services and Amenities That May Cost Extra
Some amenities can carry extra charges depending on your needs or preferences.
- Private or upgraded apartments
- Physical, occupational, or speech therapy
- Transportation for appointments or errands
- Certain social events or outings
- Care beyond the standard plan
The best policy when you aren’t sure what is included and isn’t is asking potential communities for a full list of amenities and services that you walk through together, asking thoughtful questions along the way.
How Assisted Living Compares Financially
You might be surprised to learn that assisted living can be more cost-effective than staying at home with outside care. Hiring in-home caregivers, managing meals, going through emergencies, and maintaining a house can quickly surpass the monthly rate of assisted living, especially if 24/7 care becomes necessary.
Other options within a senior living community include independent living, which costs less but doesn’t include personal care, and memory care or skilled nursing, which can be more expensive, reflecting the higher level of support.
Payment Options for Marlton, NJ, Assisted Living
Financing assisted living doesn’t have to be overwhelming. If you are uncertain what your loved one qualifies for, reach out to a trusted senior living financial expert within the community you are considering or an elder law attorney. Here are some options your family may qualify for:
- Private pay from savings or retirement funds
- Long-term care insurance
- Veterans benefits for eligible seniors
- Medicaid (limited to specific programs or after qualifying expenses)
These will largely depend on eligibility, community policies, and your long-term financial plan.
As you consider your options, keep in mind that planning ahead is key: as care needs increase, so can costs. Communities may offer all-inclusive pricing, tiered levels of care, or a la carte services, so comparing apples to apples is crucial. Using financial planning programs, including veteran’s aid or long-term care insurance, can provide significant peace of mind that everything will be covered.
Transparency Matters at Arbor Terrace Marlton
At Arbor Terrace Marlton, we understand that one of the most stressful parts of moving to assisted living is the financial uncertainty. That’s why our dedicated senior living financial team works one-on-one with families to provide clear, upfront guidance. We help explain what’s included in fees (there’s never any surprises here!), what services may be extra, and how different payment options can make assisted living affordable.
Our goal is always to ensure that your focus stays on your loved one’s care and spending quality time with them—not on financial worry.
Utilize This Helpful Cost Calculator Tool
For more information, our team at Arbor Terrace Marlton designed this helpful cost calculator tool. If you have any questions about estimates provided by the tool and what’s included, please reach out to our compassionate caregiving staff – we’re always here to help!
