In Canada, one out of every four caregivers live with the elderly relative that they care for. The choice to take on the responsibility of caring for someone within your home brings with it many positives, such as being able to help around the house, babysit, and contribute financially. Our hearts often have the best of intentions but there are many decisions that must be made in advance. This chart from APlaceForMom.com shows that the range in monthly costs for Senior Housing is from $1,400 to $7,000 per month. This encompasses three levels of assistance: Independent Living, Assisted Living, and Memory Care.