How Much Can We Expect to Pay for Assisted Living in Denver?

Back in the old days, people wouldn’t have much of an option to care for their elders. Nursing homes were available, but conditions made even the least picky of seniors want to avoid them at all cost. Fortunately, times have changed and nowadays there are a whole host of advanced and modern facilities and centers offering such services as assisted living – which is a customized type of senior care allowing for greater freedom of movement for elders who don’t need as much support with their daily chores and medication.

assisted living Denver Colorado

The Benefits Offered by Modern Assisted Living Centers

There is a huge difference between aiming for advanced assisted living services in a larger city like Denver, when compared with similar services offered in smaller cities. You can gain access to better medical care, amenities such as swimming pools and impressive gyms, as well as access to better living conditions overall.

Denver is also considered to be one of the friendliest and most pleasant cities to live in throughout Colorado. The slightly higher costs that people here might need to pay for services like assisted living and adult day care are considered by most assisted living Denver Colorado experts to be quite worthwhile.

The Cost of Assisted Living in Denver

When it comes to comparing assisted living Denver Colorado costs versus Colorado in general, there are a few important points to keep in mind. First of all, in Colorado, assisted living is continuing to gain traction, as more and more people have been moving to the area in recent years, so it stands to reason that the prices might go up to some extent, and it explains why larger Colorado cities rank as more expensive not only for assisted living, but for adult day care, home care and nursing home costs. Secondly, Denver is the fastest growing city in Colorado, and yet the prices are only slightly higher than the statewide average, while in cities like Colorado Springs and Boulder, the price required for assisted living is significantly higher.

If you want to get support for assisted living in Denver, the average cost would be about $4,700 per month, according to a recent 2019 survey. Compared to that cost, slightly smaller towns like Fort Collins and Grand Junction have a somewhat more affordable cost.

Getting Financial Support

One of the great benefits of looking for senior care in Denver is that you have access to a lot of government organizations and programs without having to travel too far. Financial support is more readily available with various insurance benefits and old age programs that can be of great help in reducing your costs.

For instance, you can try the Home and Community Based Services Waiver (HCBS), which is a Medicaid waiver that no longer had a waiting list or cap for eligible seniors as of 2018. The Old Age Pension Program (OAP) and the Adult Foster Care Program (AFC) are two other programs that offer seniors with a lower income additional support to pay for their senior care services. The OAP is based mainly on monthly income, while the AFC only accepts elders with a low income that need 24-hour supervision.