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Compare the costs of living alone, home sharing, and independent living retirement communities.
Apples to Apples
Comparing Different Living Options
As we get a bit older, sometimes we need a helping hand around the house. Now, let's consider all the different options and the follow on implications.
Here we compare the national averages for different senior living options for those who need a little help around the house, but don't need medical assistance. We hope this helps you find the perfect senior living situation for you or your loved one.
Living Alone
-$1,945/month
Best for those enjoy a solitary lifestyle and who don't mind coordinating and paying for multiple outside service providers.
Home Sharing
+$495/month
Best for those who want to stay in their home, enjoy companionship, and who want to off load 40 hours per month of the chores associated with maintaining a home.
Independent Living
-$3,100/month
Best for those who want hassle-free housing the added amenities and social activities that come with a planned community. This average monthly cost does not include the entrance fee for independent living facilities which on average in $400,000.