Assisted Living Communities in Coral Gables, Florida

Assisted living in Coral Gables costs a little more than the Florida average of $4,000 but is less expensive than the national average of $4,500. Seniors in Naples pay 18.8% per month more for assisted living than those in Coral Gables. Port St. Lucie, however, is more affordable, at $3,763. Tampa offers even more savings, averaging $3,350 per month. In the state capital of Tallahassee, assisted living is more expensive, coming to a monthly average of $4,650. 

In Coral Gables, assisted living costs an average of $4,385 per month, although actual prices vary by location.

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 Florida page.

Seniors looking for a more affordable care option may consider in-home care, which comes to about 4.4% less than assisted living. Home health care, however, costs about the same as assisted living, at $4,385. At $1,517 per month, adult day care is the city's most affordable senior care option. Nursing homes offer the most intensive type of care at the highest cost. In Coral Gables, this comes to $9,019 per month for a semi private room. A private room costs even more, averaging $10,904.