Few people anticipate the significant increases in care costs over time. When I recently compared the cost of a private studio in six Assisted Living communities with relatively similar base rates, I found a difference in cost between the lowest and highest of $56,760/year for those requiring the highest care level.
To read the entire piece on WRAL, visit: https://www.wral.com/what-is-the-real-cost-of-assisted-living-/17908279/