How Much Does Assisted Living Cost?

The answer to What is the average cost of assisted living facility for seniors? seems as if it would be an easy one. However, a myriad of factors come into determining how much you’ll pay to live in such a facility.

We’ve put together a few of the questions that our staff get asked most often to help give you at least a general idea of the cost. At Brookside Stone Mountain Senior Living Community, we’re passionate about being upfront about our rates.

We don’t like surprises and neither should you.

How much does it Cost of Assisted Living Facility per Month in Georgia?

A monthly average cost of assisted living facility in Georgia is around $3,600. However, many things can affect that number. Facilities in rural areas are generally less expensive than those in major cities. In addition, memory care (for those with dementia, Alzheimer’s disease or other memory-related conditions) can add an extra 30+ percent to the monthly total.

Does Insurance Pay for Assisted Living?

In most cases, standard medical insurance does not pay for assisted living expenses. However, most long-term care insurance policies will cover all or part of assisted living expenses at accredited facilities. In addition, while Medicare won’t cover the monthly fee for assisted living, it will cover any medical-related costs incurred at the facility.

Are Assisted Living Costs Negotiable?

In most cases, the answer is No. One way is to ask about any incentives. Some facilities have move-in incentives or other specials that might be applicable to your situation.

In addition, you might not want or need all of the services provided by any of the best assisted living facility. Some facilities offer the option to pay “a la carte” rather than pay an all-inclusive rate.

The facility’s entrance fee may also be negotiable. This is a one-time fee that covers the expenses of setting up your suite and doing the necessary paperwork.

The entrance fee can run from a few hundred dollars to more than a thousand dollars. Facilities with a high vacancy rate may even waive the fee altogether.

Brookside Stone Mountain is all-inclusive, one rate with the price you see is the price you pay. We don’t have any move-in fees, community fees or security deposits.

How long does the average person stay in Assisted Living?

According to a study by the American Association of Retired Persons (AARP), the average person spend two and one-half to three years in assisted living before either dying or transferring to a nursing home because they require more medical care. Of course, this is an average. Your experience may be longer or shorter.

What happens if you run out of money while living in an Assisted Living Facility?

As we discussed above, if you’ve run through your assets paying the cost of assisted living facility, you may be able to apply for assistance via your state’s Medicaid program.

Additional ways to pay for Assisted Living

  • VA Benefits. If you (or your loved one) served in the military, you may be eligible for VA benefits that will help pay for the cost of assisted living. Veterans Aid and Attendance Household benefits may offer up to $1,700 for a veteran and up to $1,100 for a widowed spouse. Brookside Stone Mountain works with teams of professionals who can assist you in obtaining your VA Aid and Attendance benefits.
  • Reverse mortgage. If you own your home (without a mortgage), you have likely amassed a bit of equity in your home. You can tap into that equity without having to sell your home with a reverse mortgage. With this type of mortgage, you don’t have to repay the loan until you leave your home, either by selling it or when someone inherits it.
  • Selling your life insurance policy. If you have a (whole life) life insurance policy, you may be able to sell it to access funds for assisted living. Just remember that you’ll want to set aside funds for your final expenses.

More Tips for Cutting the Cost of Assisted Living Facility for Seniors

  1. Consider a roommate. Shared assisted living suites can be quite a bit less expensive than private suites. In addition, sharing your living quarters can be less lonely than living by yourself. Sharing a suite can be 10 to 20 percent less than the cost of a private suite. Brookside Stone Mountain has beautiful and spacious semi-private rooms at an incredibly affordable rate.
  2. Ask for a studio instead of a one-bedroom suite. Many assisted living facilities offer studio-style suites, in which your living and bedroom area are combined into one single room. These can be significantly less expensive than suites with a separate bedroom and living room. If you plan on enjoying the many activities offered by the facility, you may not need a large private space.

At Brookside Stone Mountain, we strive to make our facility as affordable as possible while maintaining the level of care and services you and your family deserve.

If you’re looking for “assisted living for seniors near me,” we’d be happy to give you a tour of our facility.

Our Administrator Lisa Jackson is available to answer all of your Senior Living questions. You can email her at or call (770) 689-4800.

We pride ourselves on making our resident care our top priority. We make you feel right at home.