This is a great guide to help seniors and their families understand financial options and programs for eldercare:
"This page is designed to aid Maryland residents in understanding the costs associated with elderly care throughout the state. The cost of assisted living, in-home care, and adult day care in different regions of the state is explored. Various payment options, as well as programs that offer financial or care assistance, whether it be residential or in the home, are also explored."
In Maryland, according to Genworth’s 2019 Cost of Care Survey, in 2020, the average cost of assisted living per month is $4,300, with average monthly rates ranging from $3,750 to $6,263. This is a quite a range of cost, ranging from $45,000 to $75,156 annually. However, one can make cost saving efforts by relocating to an area of the state where the cost of assisted living is more reasonable. The most inexpensive assisted living can be found in the areas of Hagerstown, Baltimore, and Cumberland, where the average monthly rate is between $3,750 and $4,225. Salisbury has an average monthly cost approximately 20% higher than the statewide average at $5,250. However, the most expensive average cost of assisted living is found in California, where the monthly cost averages $6,263."
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