How to Manage the Cost of Senior Living in Arizona
Paying for senior living can feel like an unattainable goal once you view the price tag. Compared to the national average cost of assisted living, however, Arizona senior living costs are lower and more attainable.
Depending on where you live and the level of care needed, the cost of senior living can range anywhere from around $1,000 for independent living to over $10,000 for memory care services. Don’t let these prices discourage your goals and right to live with freedom and comfort; consider the monthly cost of living in Arizona first, starting with our comparison chart below.
Costs of Aging in Place
Start by comparing your current home costs to senior living options. You may find staying at home is more expensive than you think.
The Costs of Aging in Place
Start by listing your current home costs before comparing them to senior living costs in Arizona. You may find that the costs of aging in place are more expensive than you realized.
Use our Calculate & Compare tool to see how much you can save!
Retirement living is all about preparing for what may come.
On top of monthly expenses, consider the cost of unexpected home repairs and age-related modifications the home may need:
- Repaired stair railings
- Accessible ramps
- Structural changes
- Grab bars
- Adaptive door handles
- Walk-in shower
- Non-slip bathroom flooring
- Widening doorways and hallways
- Stairlift
Think of the future. Do you want to pay $8,609 to make one home accessibility modification?
A move to senior living can help tie all of your expenses into one tidy monthly bill because Civitas residents don’t have to worry about fluctuating utility costs, property taxes, and other variables. You’ll receive peace of mind knowing the community can fix any maintenance issues in your new, senior-friendly home.
Start Saving by Saying Goodbye to Hassles
Transitioning to a senior living community like The Bluffs of Flagstaff can bring numerous advantages that make life simpler and more enjoyable. Instead of spending time on tedious tasks, those hassles are forgotten and you have more opportunities to live the life you deserve. Here, you can enjoy a fulfilling Sedona County, AZ retirement – and save money.
No Need for Grocery Shopping, Cooking, or Cleanup
The days of navigating crowded and overpriced supermarkets are over because chef-prepared meals are provided in our dining room. This benefit saves time and effort, ensuring seniors’ access to well-balanced meals without worrying about meal planning or shopping.
Our residents savor a diverse menu of dishes without the hassle of cooking, cleaning up, or washing dishes. However, you are more than welcome to shop for the snacks and treats you wish to keep in your apartment. We’ll provide the transportation!
No Bill Management
Keeping track of bills, due dates, and payments can be overwhelming, especially when managing multiple accounts for utilities, insurance, and more.
The Bluffs of Flagstaff residents are presented with a simple, all-inclusive monthly fee that covers various services and amenities, from utilities to housekeeping. This streamlined approach makes budgeting and your cost of living in Flagstaff more manageable.
No Property Taxes
Owning a home is a reason to be proud. Home values are increasing, which is excellent for people who want to sell. However, that means the cost of taxes is also growing. This steadily increasing trend can be a significant financial burden for homeowners.
By transitioning to a senior living community, older adults can eliminate property taxes from their financial worries. We take care of property-related costs, leaving residents with more financial freedom to spend on enjoyable experiences and activities.
No Lawn Maintenance
Tending to a garden can be relaxing and therapeutic, but maintaining a lawn can be physically demanding, especially as we age. In our Sedona, AZ, county community, skilled team members take care of all outdoor maintenance:
- Mowing
- Landscaping
- Cleaning gutters
- Clearing debris
- Removing weeds
Residents enjoy the beauty of well-kept outdoor spaces without lifting a finger. And if you love gardening, our Green Thumb Club is one of our best-loved activity groups.
No Home Maintenance
Homes require regular maintenance, repairs, and updates over time that take up considerable time and effort. Maintenance concerns are a thing of the past for our senior living residents.
Our community’s dedicated maintenance team handles any necessary repairs and ensures that the living spaces are in top condition. They take care of the following for residents:
- Changing light bulbs
- Fixing leaks
- Correcting plumbing issues
- Keeping heating and air conditioning in order
- Fixing appliance issues
Seniors at The Bluffs of Flagstaff are always free from the stress of household upkeep.
Private-pay communities
Most senior living communities are private pay. Residents typically use assets and savings to pay for these living arrangements.
Doctors generally prescribe temporary stays in skilled nursing facilities and nursing homes for people who have chronic conditions or need rehabilitation. Insurance, Medicare, or Medicaid often cover those costs.
Medicare will pay for medical needs but not monthly rent in a senior living community.
Paying for Assisted Living with VA Benefits
Wartime veterans and their surviving spouses may be entitled to a special monthly pension benefit called Aid and Attendance, and these funds can be applied to the costs associated with senior living.
To qualify, claimants must be incapable of independent living and have served a minimum of 90 service days, including one day of active duty during wartime. Surviving spouses can also apply.
Additional Funding for Senior Living
Long-Term Care Insurance
Long-term care insurance varies from policy to policy. Generally, it pays for care once an older adult needs help with at least two activities of daily living. The team at Civitas Senior Living documents the personal care needs of our residents for these policies.
Life Settlements
This financial transaction allows the owner of a life insurance policy to sell to a third party for more than its cash value and less than its face value. This process typically takes from 30 to 60 days to complete.
Home Equity
You may be able to use the home you or a loved one owns to pay for senior living through:
- Bridge loans
- Reverse mortgages
- Renting out your home
- Selling your home
These processes can be more complicated and are best discussed with a financial institution depending on your situation.
Expert Financial Advice From ElderLife
Wondering what resources are available for senior living expenses to make the cost of living in Flagstaff, AZ, affordable? We can help! Civitas Senior Living has partnered with ElderLife Financial Concierges to offer free consultations to determine which payment options best fit your needs.
Let’s get started on finding a plan tailored for you and making your retirement years worry-free. Fill out the form below and choose one of the two options below to contact ElderLife:
- Call (888) 228-4500
- Email help@elderlifefinancial.com
Click all answers that apply to you, fill out the information, and then click submit to start your free consultation!
Discover The Easy Way To Pay For Senior Living
Contact our community to discuss your options for monthly senior living costs. Once all the math is done, you might find that the Flagstaff, AZ cost of living is more affordable than you think!
