Get Pricing & Availability for Assisted Living in Charlotte, NC
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Page Reviewed / Updated – January 11, 2024
Charlotte is a relatively senior-friendly city, and many retirees appreciate the city’s slightly-below-average cost of living. The critical expense categories of health care, groceries and transportation also fall below average, making it easier for seniors to balance their budgets. North Carolina offers tax benefits for seniors, too, including a tax exemption on Social Security.
Assisted living in Charlotte runs about $4,650 per month, which is slightly higher than the national average of $4,459 but lower than the North Carolina average of $4,828. North Carolina offers financial assistance programs, including Medicaid waivers, that can help seniors cover assisted living costs.
This guide presents more information about assisted living in Charlotte, resources available for seniors and top assisted living communities.
The Cost of Assisted Living in Charlotte, NC
When determining how to finance Assisted Living, it’s essential to first know the expense involved for your loved one to join a reputable community. With the ongoing increase in costs, having current information is crucial when budgeting for senior care. To help highlight the influence of inflation on senior living expenses, PayingForSeniorCare.com has collected cost data from its extensive network of over 75,000 senior living communities. This data represents the average cost of Assisted Living in Charlotte and in 48 other cities in North Carolina.
Inflation & the Cost of Assisted Living in Charlotte, NC
From 2022 to 2023, assisted living costs in Charlotte have risen by nearly 10%, a figure that mirrors the inflation in the national average. North Carolina’s assisted living prices, however, have gone up by about 18%. While North Carolina’s rates are projected to drop slightly in 2024, Charlotte’s prices are set to rise again by another 8%.
This means that Charlotte’s seniors have to plan carefully to pay for their care costs. Other North Carolina cities are also experiencing cost increases. Raleigh, Chapel Hill and Winston-Salem have all seen jumps of about 10% from 2022 to 2023.
Location |
2022 Cost (Historical) |
2023 Cost (Current) |
2024 Cost (Estimated) |
Charlotte |
$4,244 |
$4,650 |
$5,008 |
U.S. Average |
$4,070 |
$4,459 |
$4,802 |
North Carolina |
$4,088 |
$4,828 |
$4,803 |
Raleigh |
$3,523 |
$3,860 |
$4,157 |
Chapel Hill |
$6,694 |
$7,334 |
$7,898 |
Winston-Salem |
$4,405 |
$4,826 |
$5,197 |
The Cost of Other Types of Care in Charlotte, NC
Senior care costs in Charlotte are largely based on the level of service provided. Independent living is least expensive at an average of $2,824 per month, but it also offers the least amount of care. Assisted living provides help with daily living activities, medication and housekeeping, and it costs about $4,650. Memory care is most expensive at $6,224, but it provides more comprehensive care and guidance for people with memory loss.
Care Type |
Cost |
Assisted Living |
$4,650 |
Memory Care |
$6,224 |
Independent Living |
$2,824 |
Financial Assistance for Assisted Living in Charlotte, NC
Other Ways to Pay for Assisted Living in Charlotte, NC
Since not everyone can afford to pay for assisted living out-of-pocket, it’s important to find alternative methods to help make assisted living more affordable. Some of these options include:
- Veterans Benefits
- Life Insurance Policy
- Long-Term Care Insurance
- Reverse Mortgage
For additional information and planning, read our comprehensive guide to paying for senior care in North Carolina.
Rules and Regulations for Assisted Living Facilities in Charlotte, NC
Assisted Living Communities in Charlotte are required to follow a set of rules and regulations that are determined by the state. For an overview of those rules and regulations, see the information below. For more specific information, talk with your local community or Area Agency on Aging.