Senior Care Cost Calculator
Estimate the monthly, annual, and multi-year cost of senior care based on your state and the level of care needed. All figures are estimates to help you plan — actual pricing varies by facility.
Your estimate
Estimate- Monthly cost
- $7,900 – $9,200
- per month
- Annual cost
- $94,800 – $110,400
- per year
- Total over 3 years (with 3% inflation)
- $293,017 – $341,235
These are estimates, not quotes. Facility-specific pricing depends on care level, apartment size, and included services. Always confirm directly with the facility before making decisions.
Ways to pay for senior care
Most families combine several funding sources. These are informational summaries, not financial advice. CuraCare does not sell financial products or earn commissions on referrals.
Medicaid
Covers long-term nursing care for those who meet state-specific income and asset limits. Assisted living is covered in many states via Home and Community-Based Services waivers.
Medicare
Covers up to 100 days of skilled nursing after a qualifying hospital stay. Does not cover long-term custodial care or assisted living.
VA Aid & Attendance
Additional monthly benefit for wartime veterans and surviving spouses who need help with daily activities. Can be applied to assisted living, memory care, or in-home care.
Long-term care insurance
Private policy purchased before the need arises. Check the policy's daily benefit, elimination period, and inflation rider before relying on it.
Home equity & reverse mortgage
Proceeds from selling a home, a home equity line of credit, or a reverse mortgage can fund care. Trade-offs are significant; consult a non-commissioned advisor.
Family contribution
Adult-child contributions are common and often tax-deductible if the parent qualifies as a dependent. A family meeting up front tends to prevent harder conversations later.
Estimates here are derived from state-median pricing differentiated by care type, adjusted for metro area and facility capacity. See our Editorial Standards for full methodology.