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Understanding Assisted Living Costs and Coverage: A Guide from Havenwood of Richfield

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Senior man and younger man sit on a couch together and review finances

At Havenwood of Richfield, assisted living is intentionally designed to promote independence and provide customized support when needed. As they consider this level of care, many prospective families ask the all-important question: how much it will cost?

According to a Genworth Cost of Care Survey, the national average for assisted living is about $4,800 per month, but costs can vary from $3,200 to $6,500. These estimates depend on factors like individual care requirements, apartment size, and available amenities. No matter what add-ons they choose, all residents at our Richfield, Minnesota location enjoy a supportive environment focused on respect, community, and well-being.

We blend the comfort of a welcoming home environment with private living spaces, chef-prepared meals, vibrant wellness activities, and round-the-clock professional support.

For more details on included services, added fees, and financial planning advice, read the full article.