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Assisted living convenient, costly

Average price for a unit can exceed $40G

The Ingersoll Place assisted living facility on Consaul Road in Niskayuna is pictured Wednesday. Studies put the nationwide average cost of a one-bedroom apartment at an assisted living facility at $3,500 a month.
The Ingersoll Place assisted living facility on Consaul Road in Niskayuna is pictured Wednesday. Studies put the nationwide average cost of a one-bedroom apartment at an assisted living facility at $3,500 a month.
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When living autonomously becomes difficult, moving to an assisted living residence can eliminate worries about household chores, transportation, personal care and even some medical challenges. The residences often look like upscale hotels and offer many amenities, but they can also come with an unwanted extra: sticker shock. The 2014 Cost of Care Survey, conducted by Genworth Financial, reports that the national median rate for a one-bedroom, single-occupancy assisted living apartment is $3,500 a month. New ...


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comments

tonijean613
August 11, 2014
8:04 p.m.

[ Flag Post ]

the sale price of an average home in Capital district will only buy you a few years.
then what happens when your money runs out?

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