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Senior Living Cost Calculator
Estimate the total cost of senior living over the number of years you plan to stay.
How this calculator works
Enter the monthly community cost and the number of years you expect to need it. The calculator multiplies the monthly cost by 12 months and then by the years. It does not add yearly price increases or extra care fees, so use the Long-Term Care Cost Calculator if you want costs to rise over time.
Example
A community charges $5,200 a month and you plan for 4 years. The calculator shows: Estimated Total Cost: $249,600.00.
Tips
- Ask exactly what the monthly fee includes, such as meals, housekeeping, transportation and activities.
- Ask how much and how often the community raises its rates, and what triggers extra charges for added care.
- Compare the total with the cost of staying at home with in-home help, and talk with a family member or advisor before deciding.
Common questions
Do monthly costs stay the same?
Usually not. Communities often raise rates each year and may charge more as care needs increase.
What other costs should I plan for?
Entrance or community fees, medication, personal items and care that is billed separately.
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Results are estimates only. See our disclaimer.