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Senior Housing News
Assisted living rates rose in 2021 as the senior living industry continued to get a handle on the Covid-19 pandemic and its many pressures on operations. The cost of assisted living for a resident increased 4.65% in the past year, with a median of about $4,500 per month or $54,000 annually for a private, one-bedroom unit, according to the latest Cost of Care Survey from insurer Genworth Financial (NYSE: GNW). READ MORE