What is a reasonable amount for shared living expenses? Both parents moved into our home. All utilities, cable (they only watch the cable), food, transportation, medication management, house keeping, lots of laundry washing.
Groceries for both parents, cleaning supplies, etc run about $1-1200 per month. My mom has dysphagia which she has to have certain items. Also have to crush her meds, and purée her meals.
They have 24/7 care. Both have some mobility issues.
Checked into assisted living a studio in our area with utilities and 3 meals a day runs $4,200- $5,495 per month for one person. Additional charge for extra person starts at 1k. It includes housekeeping and laundry once per week. This is no care, they have to be completely independent. If they need care assistance 10 hours per week, for Minimal help is $1,800 per month each. Medication help $700 each. So we are at almost 10k per month with bare minimal care for Assisted Living. If they needed nursing home care it starts out base $7k each per month. Then pricing goes up based on what they need.
I have checked into all options including their own apartment with caregivers coming in. Private care giver starts at $15 per hour, agency 32$ per hour. This is just like a companion home health aide. Then you have apartment rent and utilities at about 2800 per month not including groceries.
They do contribute towards their living expenses, and they set the amount. I am just curious what others have done.
Renting an apartment with caregivers coming in and having to maintain it and get everything they need into it - nope. I looked into it for my mom and concluded that it would be exhausting to maintain. There would always have been some reason to go there to figure things out, sub for a caregiver or take care of miscellaneous.
Good luck.
Do not take anything from them since at that point if the situation does not work it leaves you in a tough situation imo.