Average monthly costs for senior housing in the U.S. 2019-2024, by type

Published by Statista Research Department, Feb 14, 2025

The average monthly cost for senior housing in the U.S. in 2024 was the highest for memory care and the lowest for independent living facilities. In the fourth quarter of the year, the average monthly cost for independent living housing was 3,269 U.S. dollars. That nearly 550 U.S. dollars (20 percent) higher than in the first quarter of 2019. Senior housing costs also vary vastly across different states. 

Average monthly rental costs for senior housing in the United States from 1st quarter 2019 to 4th quarter 2024, by type (in U.S. dollars)

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Release date

February 2025

Region

United States

Survey time period

Q1 2019 to Q4 2024

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