|
|
|
Alternative
Living Arrangements and Their Associated Costs
|
Accommodation
|
Services
|
Monthly
(low/high)
|
Annual
|
|
Living
at home
|
Mortgage
(if any)
Utilities,
cable, communication services
Shopping,
cleaning, maintenance, upkeep services, transportation
Potential
renovations and special enhancements including MedicAlarm
system, railings, elevators
|
$1,000-$3,000
$100-$200
$100-$300
See
annual cost
|
$12,000-$36,000
$1,200-$2,400
$1,200-$3,600
$1,000, $20,000
onetime
sum
|
| |
|
Estimated
Total
|
$14,320-$62,000
|
| Caregiving |
Private
caregiving in home or in facility
In-home
nursing 5 days/week
Respite
care for family caregivers (weekends)
|
$1,500-$2,000
$2,000-$4,000
$600-$700
|
$18,000-$24,000
$24,000-$48,000
$6,000-$8,400
|
| |
|
Estimated
Total
|
$6,000-$60,000
|
| Alternative
Living Arrangements |
Ward
room to private room in health care facility
Group
residence
Seniors apartment
Retirement home
|
$1,200-$2000
per month
$1,800+
per month
$2,000-$4,000
per month
$3,000-$6,000
per month
|
$14,400-$24,000
$21,600+
$24,000-$48,000
$36,000-$72,000
|
| |
|
Estimated
Total
|
$14,400-$72,000+
|
  
|
|
