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Assisted Living Communities in Monticello, Indiana

The average cost of assisted living in Monticello is $3,690 per month. This is lower than the national median of $3,895.

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Directory of Assisted Living in Monticello, IN

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Cities in Indiana

US

$4,000

Monticello

$3,690

Logansport

$3,650

West Lafayette

$3,490

Rochester

$3,195

Lafayette

$3,089

Rensselaer

$2,950

Peru

$2,294

Paying for Assisted Living in Monticello

Assisted Living costs in Monticello start around $3,690 per month on average, while the nationwide average cost of assisted living is $4,000 per month, according to the latest figures from Genworth’s Cost of Care Survey.

It’s important to note that assisted living rates in Monticello and the surrounding suburbs can vary widely based on factors such as location, the level of care needed, apartment size and the types of amenities offered at each community.

Financial Assistance for Assisted Living in Monticello

Seniors in Monticello who need help paying the cost of assisted living may be eligible for a waiver through the Indiana Residential Care Assistance Program (RCAP).

Learn more about these programs, plus who’s eligible, on our Assisted Living in Indiana page.

Financial Assistance in Indiana

More Ways to Pay for Assisted Living

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

  • Veterans Benefits
  • Life Insurance Policy
  • Long-Term Care Insurance
  • Reverse Mortgage

For more information about different ways to finance assisted living, visit our Assisted Living in Indiana page.

Free Assisted Living Resources in Monticello

Monticello and the surrounding area are home to numerous government agencies and non-profit organizations offering help for seniors searching for or currently residing in an assisted living community. These organizations can also provide assistance in a number of other eldercare services such as geriatric care management, elder law advice, estate planning, finding home care and health and wellness programs.

To see a list of free assisted living resources in Monticello, please visit our Assisted Living in Indiana page.

Assisted Living Laws and Regulations in Monticello

Monticello-area assisted living communities must adhere to the comprehensive set of state laws and regulations that all assisted living communities in Indiana are required to follow. Visit our Assisted Living in Indiana page for more information about these laws.

Laws and Regulations in Indiana

Helpful Articles

Assisted Living near Monticello, IN

West LafayetteLafayetteRensselaerLogansportRochesterPeru

Other Options in Monticello, IN

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Caring.com

Caring.com is a leading online destination for caregivers seeking information and support as they care for aging parents, spouses, and other loved ones. We offer thousands of original articles, helpful tools, advice from more than 50 leading experts, a community of caregivers, and a comprehensive directory of caregiving services.

 

The material on this site is for informational purposes only and is not a substitute for legal, financial, professional, or medical advice or diagnosis or treatment. By using our website, you agree to the Terms of Use and Privacy Policy

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