Assisted Living Communities in Collierville, TN

Based on the median assisted living cost of $4,200, Collierville falls between the Tennessee and U.S. median costs. It’s about $100 more than the rest of Tennessee and is about $300 below the national costs. The costs are essentially the same in Collierville as they are in Chattanooga and Jackson, with slight variations. Nashville comes in a little lower at $4,100 per month, while Cleveland is significantly more, with a median monthly cost of $4,835. 

Seniors can expect to pay about $4,200 per month for assisted living care in Collierville. Those numbers might vary slightly depending on the facility and what services it offers.

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 Tennessee page.

If assisted living isn’t the right fit, Collierville seniors have other care options with varying price ranges. On the low end, adult day health care usually costs around $1,747 per month. Older adults who want to stay in their homes can do so with in-home care or home health care. Both options typically cost around $4,242 per month, which is just slightly higher than the $4,200 monthly cost for assisted living. Seniors might opt for a semiprivate room in a nursing home facility, which is the most expensive option, costing almost $2,900 more than assisted living.