If you’re considering assisted living for yourself or a loved one, it’s important to know what to expect from the cost of care. Assisted living facilities vary widely in terms of price, depending on location and the amenities they offer. This guide will help you navigate the assisted living cost in Tampa, FL so that you can plan accordingly.
Assisted Living Costs By State
The national average cost of assisted living is $3,600 per month. That figure is much higher in Tampa, FL: $4,000 per month. The average memory care costs in Tampa are even higher: $5,000 per month.
Assisted living communities usually have multiple levels of care, so you can choose the level that works best for you and your loved one’s needs. The more service-intensive levels can be quite costly; however, they may also provide your loved one with additional services such as transportation or in-house dining options that offset some of the extra cost.
Assisted living communities in Florida are known to be well-equipped with activities that stimulate the brain, so they may be a good option if your loved one has dementia or Alzheimer’s disease—but they also tend to be more expensive than other types of memory care communities due to their increased level of services offered.
What makes these facilities so pricey? Their high level of support (with nurses and caregivers present 24/7) usually costs around $100-$200k per year per resident—well above most other residential options for aging family members! If your loved one has special needs such as physical therapy or speech therapy outside the walls of their apartment complex (or even inside), then those add-on expenses could raise monthly bills even higher than what we found here today: $4K per month for full-time skilled nursing coverage comes out at $48K annually! Those who need help with daily living tasks such as bathing themselves or eating meals regularly while living independently within these communities – which includes many people over 65 years old – will likely pay almost twice as much ($80-$90k).
If this sounds pricey but worth every penny considering how valuable these services are compared to letting them fend for themselves outside a senior-friendly independent living community setting, then it might make sense financially speaking.
Assisted Living Vs. In-Home Care
While assisted living is more expensive than in-home care, it does offer a higher level of services. Additionally, some people find it comforting to be around other loved ones who are going through similar challenges.
On the other hand, in-home care costs less and can be customized to meet your needs. For example, with in-home care, you could hire an extra person (or two) when you’re sick or need help getting around. There are many options available when deciding between assisted living and in-home care!
Assisted Living Vs. Memory Care Facilities
Senior-friendly independent living communities offer a similar experience as assisted living communities but without needing additional help from team members. Residents must be able to manage their finances and manage their medications independently. Memory care facilities offer specialized services like round-the-clock supervision and assistance with everyday tasks such as cooking and showering if your loved one needs more than what can be offered at an independent living facility or at home alone (and you aren’t able or willing).
The cost of assisted living in Tampa, FL, can be overwhelming. The good news is there are many options available to you to help you find the right fit and pay for it. Assisted living communities to offer a wide range of services and community, so it’s important that you do your research before choosing an assisted living facility.