What is the average cost of Assisted Living per Month/Year? Price Range of Elderly Care

Many people are concerned about being able to afford the rising cost of assisted living for elderly family members and even themselves. The average cost of assisted living is a little under $3000 per month. This price may range anywhere from $1500 to as high as $5000 or even more per month. The average annual cost for assisted living is $35,000 per year.