Get all your news in one place.
100's of premium titles.
One app.
Start reading
Saving Advice
Saving Advice
Teri Monroe

Why Affordable Assisted Living Is Becoming Nearly Impossible to Find

finding affordable assisted living
Image Source: Shutterstock

For decades, assisted living was seen as a middle-ground option—less expensive than nursing homes, but more supportive than living alone. Today, however, families are discovering that affordable assisted living is becoming nearly impossible to find.

The national median cost now ranges between $5,150 and $6,129 per month, depending on the source, with some states charging far more. That translates to more than $70,000 annually, a figure that rivals college tuition or a mortgage. For seniors living on fixed incomes, these numbers are not just daunting—they’re devastating. Here’s what is behind the trend, and the only solution seniors have.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.