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  2. The financial pros and cons of moving into a senior community

    www.aol.com/finance/financial-pros-cons-moving...

    A Place for Mom, which focuses on senior care, said in an August 2021 report that the median monthly cost of senior independent living in the United States is $2,552.

  3. How to Find Affordable Senior Housing in Your Community - AOL

    www.aol.com/affordable-senior-housing-community...

    Look at Senior Housing Websites. Senior living sites like After55 and ... priority for public housing. Rent can cost as little as $25 to $50 or as much as 30 percent of your household’s monthly ...

  4. United States Consumer Price Index - Wikipedia

    en.wikipedia.org/wiki/United_States_Consumer...

    The Consumer Price Index was initiated during World War I, when rapid increases in prices, particularly in shipbuilding centers, made an index essential for calculating cost-of-living adjustments in wages. To provide appropriate weighting patterns for the index, it reflected the relative importance of goods and services purchased in 92 ...

  5. Cost of living 2024: How to calculate and compare - AOL

    www.aol.com/finance/cost-living-2024-calculate...

    You would need to make around $20,000 more, $80,925, to maintain the same lifestyle in Chicago, which has a 34.88 percent higher cost of living. However, if you were moving from Joplin to, say, St ...

  6. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    In the United States [20] and Canada, [21] a commonly accepted guideline for housing affordability is a housing cost, including utilities, that does not exceed 30% of a household's gross income. [22] Some definitions include maintenance costs as part of housing costs. [23] Canada, for example, switched to a 25% rule from a 20% rule in the 1950s.

  7. Retirement community - Wikipedia

    en.wikipedia.org/wiki/Retirement_community

    A retirement community is a residential community or housing complex designed for older adults who are generally able to care for themselves. Assistance from home care agencies is allowed in some communities, and activities and socialization opportunities are often provided. [ 1] Some of the characteristics typically are: the community must be ...

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