Assisted Living Communities in San Francisco, California

Although San Francisco is expensive for assisted living, Salinas, which is just outside of the Bay Area, costs exactly $1,000 more, at $7,100. Inland but only 110 miles away from San Francisco, Merced costs $3,750. This might be better for seniors looking for the sunshine and scenery of California without the high price tag. Another great choice for retirees on a budget is San Diego, where the price is slightly above the national average, at $4,525. Redding, in the most northern part of the state, costs less than the state average, at $4,500, as does Fresno, in the west, at $4,750 per month. El Centro, at the south of the state, is a little more affordable than the Bay Area, with a monthly average price of $5,825.

When comparing the cost of assisted living in San Francisco with the national and state averages using Genworth’s Cost of Care Survey, it’s clear that it’s not a cheap place to live. In fact, it’s nearly $2,000 more expensive than the U.S. average of $4,300, and more than $1,000 above California’s average of $5,000.

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

• Veterans Benefits
• Life Insurance Policy
• Long-Term Care Insurance
• Reverse Mortgage

For more information about different ways to finance assisted living, visit our Assisted Living in California page.