Assisted Living:
How much do Residential Facility Care for the Elderly (RFCE) cost?
The cost will depend on a variety of factors such as the type of accommodations (e.g., apartment, private room, shared room), the range of services needed, and the geographic area. The average monthly cost is from $2,500 to $3,000, with costs ranging from a low of around $900 a month for a resident on Supplemental Security Income (SSI) to over $5,000 a month. Specialized services like dementia or hospice care are more costly.
Paying for Assisted Living
Because assisted living services can be tailored to meet the service requirements of the each individual, the cost of assisted living has remained relatively low as compared to other long term care options. Most facilities cost between $50 and $120 a day. The cost depends on the service needs of the resident, size of the living unit, location of the facility, and amenities offered. Currently, most assisted living services are paid for by private funds.
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