It’s a popular misconception that moving to a senior living community is always more expensive than aging at home. In fact, given the many hidden and recurring costs that come with maintaining a home, from furnace repairs to HOA fees to increasing insurance rates, moving to a community can be surprisingly cost-effective in comparison.
So, how much does assisted living cost? Here, we’ll demonstrate six ways senior living communities can be more of a frugal investment than you might think.
1. Streamlined Monthly Costs
Many senior living communities offer a simplified monthly rate that bundles essential services such as rent, utilities, housekeeping, and activities. Some communities offer all-inclusive pricing, while others, like Provision, utilize a level-of-care model, allowing residents and families to pay only for the support they need. Either way, this approach helps to reduce the stress of managing multiple bills and makes monthly expenses more predictable.
2. No surprise fees
At Provision, our pricing model is transparent, so you never have to worry about paying unexpected costs. No hidden fees means greater peace of mind, making it easier to understand your financing options and make the right decision for your budget.
3. All meals included
Communities like Provision offer chef-prepared meals for breakfast, lunch, and dinner, all served restaurant-style in our pleasant dining room where you can linger and chat with friends. At Provision, we also have registered dieticians on staff to help accommodate any allergies or special dietary needs residents have.
4. Lower healthcare costs
On-site health services are often included in the cost of senior living communities, which means fewer in-home care visits or trips to the doctor’s office. Many communities, including Provision, also have 24/7 emergency response teams, so you or your loved one can access round-the-clock care from experienced caregivers.
5. Wellness programming and social events
Fitness classes, resident clubs, book groups, social events, and community outings are all included in Provision’s monthly rental fee. Staying active and connected to others supports emotional and social well-being.
6. Scheduled transportation
On‑site scheduled transportation for errands, appointments, and field trips means there is no need to pay for car maintenance or gas. You or your loved one will also have peace of mind knowing they can get where they need to go safely, comfortably, and on time.
Finding Value in Senior Living
Compared to staying at home, choosing senior living can help families consolidate costs. Plus, there are other payment methods that can supplement private pay, including VA benefits, long-term care insurance, Medicaid, reverse mortgages, life settlements, and more.
At Provision communities, our transparent pricing model means seniors and their families never have to worry about surprise bills. Our monthly rental fee covers:
- Three chef-prepared meals a day, plus snacks
- Health and wellness programs, including fitness classes
- Scheduled transportation services
- Professional support and emergency care on-site 24/7
- Social activities, outings, and events
- Private, spacious apartment with utilities included
- Maintenance, repairs, and landscaping
- Phone and internet
- Housekeeping and laundry services
If you or your loved one has more questions about the cost of independent living, assisted living, or memory care, our friendly community advisors will be happy to help. To learn more about a specific Provision community, schedule a visit!
