CCRC pricing can look complicated. Here is a plain-English breakdown of entrance fees, monthly fees, and what drives the total.
How much does a CCRC cost?
A CCRC has two main costs. The entrance fee is a one-time payment commonly ranging from about $40,000 to over $2 million, with many communities between $300,000 and $600,000. The monthly fee, typically $2,000 to $6,000, covers housing, maintenance, dining, amenities, and a portion of future care. Costs depend on location, residence size, whether the entrance fee is refundable, and your contract type. Type A (Life Care) contracts cost the most upfront but cap care-related increases later. To get a cost estimate for communities near you, call 1-800-MEDIGAP (1-800-633-4427).
What do CCRC monthly fees include?
Monthly fees generally cover your residence, property maintenance, some or all meals, housekeeping, utilities, transportation, wellness programs, and access to on-campus amenities. Depending on your contract type, the monthly fee may also include or discount future assisted living, memory care, and skilled nursing. Fees usually rise modestly each year with inflation and operating costs, so ask each community for its fee-increase history. Understanding exactly what is bundled helps you compare communities accurately. A licensed advisor can help — call 1-800-MEDIGAP (1-800-633-4427).