Wi-Fi, Meals, Pet Plans Among Most Common Senior Living Charged Services

Many senior living operators are increasing revenue and covering expenses by charging residents for additional services such as cable, internet, meals, and pet care. A recent survey by Bild and Co. of over 250 communities revealed that trash services, pet fees, laundry, extra meals, and other services are commonly charged for. Trash services cost between $60 and $80 per month, while cable, phone, and Wi-Fi range from $20 to $35. Pet fees typically start at $600 with a $25 monthly charge. Rent and service costs have increased in 2024 compared to 2023, reflecting a slow recovery from the impacts of Covid-19. The average monthly cost for assisted living was $2,201, and memory care was $3,534. Around 41% of memory care communities were all-inclusive, with additional charges for some residents. Independent living was not offered in 55% of communities surveyed, and almost 70% of those offering independent living did not include care services in the base rent. Care costs varied based on the level of assistance required, with prices ranging from $450 to $4,400 on average.