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What is the monthly cost of assisted living? Understanding the Price of Senior Care

According to the Genworth and CareScout 2024 Cost of Care Survey, the national median monthly cost of assisted living is approximately $5,900. This figure, however, is a starting point, and knowing what is the monthly cost of assisted living for your specific situation requires understanding the variables that can significantly increase or decrease this amount. This guide breaks down the typical fees, how location and care levels affect pricing, and offers a comparison to other senior care options.