At a cost ranging from $1,200 to $8,000 per month or more, assisted living communities are a great choice for someone who needs help with activities of daily living, such as eating, grooming, and bathing. Many also offer respite care (short-term stays).
Memory care communities are specially designed living environments for people with Alzheimer's or other dementias. You can expect that staff members have extra training to help people with memory loss. Costs are $3,000 per month and up. Some provide respite care.
For help with driving, getting around the house, meal preparation, companionship, and light housekeeping, hire a professional caregiver through an in-home care agency. Caregivers can be hired on a one-time basis or a regular monthly schedule. Rates usually range from $10 to $40 per hour.
Independent living communities are great for residents who want to enjoy the perks of community living, but who don't need regular assistance with activities of daily living. Costs range from $1,000 to $3,000 per month.
Move once and never again: That's the big benefit of a CCRC (Continuing Care Retirement Community). CCRCs offer independent living floor plans, assisted living floor plans, and also on-site skilled nursing options, in case they’re ever needed. Pricing varies.
Also called skilled nursing facilities (SNFs), nursing homes are staffed by skilled medical professionals who can provide 24-hour support. Some also offer short-term stays for someone who is transferring from the hospital but not yet ready to go home. Nursing homes can be expensive -- up to $10,000 per month -- but in some cases are covered by Medicare or Medicaid.