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Retirement Home Costs in Canada in 2026

Updated

Types of Senior Care and Costs

Care LevelMonthly CostWhat Is IncludedWho It Is For
Independent living (retirement residence)$2,500–$5,000Meals, housekeeping, activities, building amenitiesHealthy seniors wanting community
Supportive living$3,000–$5,500Above + medication management, some personal careSeniors needing light assistance
Assisted living$3,500–$7,000Above + bathing, dressing, mobility helpSeniors with moderate care needs
Memory care (dementia)$5,000–$9,000Secured unit, specialized staff, 24/7 supervisionAlzheimer’s/dementia patients
Long-term care (nursing home, public)$1,800–$3,000Full nursing care, meals, accommodationHigh-care-needs, government-subsidized
Long-term care (private)$6,000–$12,000+Full nursing care, private amenitiesHigh-care-needs, no waitlist
Home care (personal support worker)$25–$40/hourIn-home assistance, bathing, meals, companionshipPrefer to age at home
Home care (nursing)$40–$75/hourMedical care, wound care, medicationMedical needs at home

Retirement Home Costs by Province

ProvinceIndependent LivingAssisted LivingLong-Term Care (Public, Basic)Long-Term Care (Private)
Ontario$3,000–$5,500$4,000–$7,500$2,024/mo (basic, 2026)$7,000–$12,000
British Columbia$3,000–$5,500$3,500–$7,000$1,400–$2,800/mo$6,500–$11,000
Alberta$2,800–$5,000$3,500–$6,500$1,800–$2,500/mo$6,000–$10,000
Quebec$2,000–$4,000$3,000–$5,500$1,200–$2,100/mo$5,000–$9,000
Manitoba$2,200–$4,000$3,000–$5,500$1,500–$2,200/mo$5,000–$8,500
Saskatchewan$2,200–$4,000$3,000–$5,500$1,200–$2,000/mo$5,000–$8,500
Nova Scotia$2,500–$4,500$3,500–$6,000$1,600–$2,500/mo$5,500–$9,000
New Brunswick$2,200–$4,000$3,000–$5,500$1,500–$2,300/mo$5,000–$8,500

What is Included in Monthly Fees

ServiceIndependent LivingAssisted LivingLong-Term Care
AccommodationYesYesYes
Meals (3/day)Usually 1–2 meals3 meals + snacks3 meals + snacks
HousekeepingWeeklyWeeklyDaily
LaundryPersonal (shared machines)IncludedIncluded
Activities/recreationYesYesYes
Transportation (scheduled)Often includedOften includedLimited
Personal care (bathing, dressing)No (extra cost)YesYes
Medication managementNo (extra cost)YesYes
24/7 nursingNoSomeYes
Emergency call systemYesYesYes

Funding Sources for Senior Care

SourceAverage Monthly AmountNotes
CPP (maximum)$1,364.60/mo (age 65)Average is ~$815/mo
OAS (maximum)$727.67/mo (age 65)Reduces with income over $90,997
GIS (maximum, single)$1,086.88/moFor low-income OAS recipients
RRIF/RRSP withdrawalsVariesTax-deferred savings
TFSA withdrawalsVariesTax-free
Home equity (sale or reverse mortgage)$200,000–$800,000+ lump sumLast resort for many
Long-term care insurance$2,000–$5,000/mo benefitMust purchase years in advance
Provincial subsidy (low-income)VariesMeans-tested
Veterans Affairs CanadaUp to $3,000+/moEligible veterans only
Typical government income (CPP + OAS + GIS)$1,800–$3,180/moMay not cover private care

Home Care vs Retirement Home Comparison

FactorHome CareRetirement Home
Monthly cost (20 hrs/week)$2,000–$3,500$2,500–$5,000 (independent)
Monthly cost (40 hrs/week)$4,000–$7,000$3,500–$7,000 (assisted)
24/7 care$8,000–$15,000/mo$5,000–$9,000 (nursing)
Social interactionLimited (family, visitors)Daily (community, activities)
MealsSelf or caregiver-preparedIncluded
Home maintenanceStill your responsibilityIncluded
Emergency responseMedical alert systemOn-site staff
ComfortFamiliar environmentNew environment
Government fundingSome provinces fund hoursSubsidized LTC beds

Long-Term Care Wait Times

ProvinceAverage Wait (Public Bed)How to Apply
Ontario6–18 months (varies by region)Through Local Health Integration Network (LHIN)
British Columbia3–12 monthsThrough Health Authority
Alberta3–12 monthsThrough Alberta Health Services
Quebec6–24 monthsThrough CLSC (local health centre)
Manitoba6–18 monthsThrough Regional Health Authority
Nova Scotia6–24 monthsThrough Continuing Care
New Brunswick6–18 monthsThrough Extra-Mural Program