Understanding the Financial Components of Senior Living

The differences between senior living communities are easy to understand if you start with the basics. There are typically three main levels of senior living communities. Independent living, assisted living, and memory care. Independent living communities are a great option for people who want to have a robust social life with resort-style amenities without the hassles of home ownership. Depending on the community, independent living apartments may be available in one-bedrooms, two-bedrooms, and studio apartments. The next two levels cater to those who need a little more help. Assisted living and memory care. An assisted living community may be a good fit for those who could live better with help with medication management and daily activities. Apartments may be available in studios, one-bedroom, and two-bedroom options. Memory care communities are designed to provide health and wellness support specific to the individual needs of people with Alzheimer's and dementia. Apartments may be available in studios, one-bedroom, and two-bedroom options. Independent living, assisted living, and memory care housing all offer meals that taste like they're home-cooked, social connections, and pet-friendly environments where our team provides services in a home-like setting. Now, let's talk about cost. The average cost of living in a Brookdale independent living community is $3,767 a month. The actual price may be lower or higher since each Brookdale community is unique and prices vary by region. For assisted living, the average monthly cost is $5,417, but prices vary geographically. Lastly, for memory care, the average monthly cost at Brookdale is $8,125, but may be lower or higher depending on which apartment size you choose and also which city you live in. If you'd like to hear more about our communities, levels of care, and amenities, please visit our website at bkd.co slash costs to talk to an advisor in your area. They'll be able to set up a tour in the community you're interested in.