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Calculators  /  Aging in Place vs. Assisted Living Calculator
Care & Aging in Place

Aging in Place vs. Assisted Living Calculator

Compare the cumulative cost of staying in your home (with care and modifications) against moving to an assisted-living facility.

Your numbers
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$
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5 yrs
Estimate
Aging in place — monthly$4,500
Assisted living — monthly$5,350
Aging in place — 5-yr total$270,000
Assisted living — 5-yr total$321,000
You save by staying home$51,000
$270,000At home$321,000Assisted
Home equity can fund in-home care and modifications so you can stay where you’re most comfortable. This compares direct costs only.
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Staying home with in-home care and modifications can cost less than assisted living — or more, depending on care needs. Comparing cumulative cost over several years helps you plan.

Many families use home equity to fund the care and modifications that make aging in place possible.

Frequently asked questions

Is aging in place cheaper?

Sometimes — for lighter needs it’s often less; intensive care can cost more than a facility.

How can I pay to age in place?

Savings, long-term care insurance, family support, and home equity via a reverse mortgage.

What costs should I include?

In-home care, maintenance, taxes, insurance, and safety modifications.

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