Sometimes people don’t think they can afford to live at an assisted living facility. However, when you consider all your monthly costs, you might be surprised at how closely they align with the monthly cost of assisted living. Use this worksheet to estimate your monthly expenses to see how they compare.
Mortgage or rent $
Heat costs (gas or propane) $
Electric/water/sewer $
Home insurance $
Property taxes $
Lawn care/landscaping $
Snow/ice removal $
Maintenance (interior/exterior) $
Water softener supplies, maintenance $
Trash removal $
Cable TV $
24-hour emergency call system $
Three meals a day plus snacks $
Weekly housekeeping $
Entertainment, exercise classes, activities $
TOTAL $
Other potential costs associated with remaining in your home:
- Appliance repair and maintenance
- House painting/siding
- Chimney repair/replacement
- Flooring replacement
- Window replacement
- Heating/AC/plumbing repair, replacement
- Car, insurance and maintenance/repairs
- In-home care assistance