Cost of Living Calculator

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This is an example of cost of living calculator. This document is useful for studying cost of living calculator.

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Assisted-Living Cost Calculator Use this worksheet to get a rough idea of services and what they will cost at the facility you select. Step 1 Check the type of rate structure Flat or bundled rate (includes some services) Tiered rate (varies according to the amount of assistance needed) Flat rate (plus additional changes for assistance) Step 2 List the monthly rate for the type of unit you select.  $ Mini-refrigerator Lockable door Gas/electric/water Window treatments Basic cable-TV service Microwave oven Stovetop burners Local phone service Transportation Scheduled Unscheduled Car Van/mini bus with lift Other Social/recreational activities and services Awake staff on premises 24 hours per day On-site licensed nursing staff (hours per day) Supervision of self-medication (i.e., reminders) Medication administered by licensed professional Activities of daily living assistance Unlimited Limited Beauty/barber shop “Water management” system (for dementia patients) Shopping assistance Incontinence supplies Toiletries Other personal-care services TOTAL ADDITIONAL CHARGES Studio One bedroom Two bedroom Other Second person fee Step 3 Check which other services are included in the monthly fees, and add the cost of services that require an extra charge. $ COST OF ADDITIONAL SERVICES Included in monthly rate Meals Breakfast Lunch Snacks Special diets Guest meals Room services Escorts to meals Housekeeping Daily Times per week Laundry services Personal (loads per week) Linens Apartment amenities Emergency response system Bathroom (sink, shower/bathtub, toilet) Fully furnished unit Carpeting Cable-TV hookup Source: Adapted from consumer information statement created by the American Seniors Housing Association and the Assisted Living Federation of America. Step 4: Add up your estimated total monthly expenses. Monthly rate $ Second-person fee (if applicable) Cost of additional services required TOTAL MONTHLY CHARGES $ Elder Family Caregiver Education Area Agency on Aging 2005

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