Senior Living News

Comparing the Cost of Senior Living with Staying at Home

To find the ideal retirement lifestyle, compare the cost of staying at home vs the cost of senior living. You might be surprised which is more affordable.
Senior couple researching on a computer comparing the cost of senior living versus staying at home.

Many of the best things in life really are free, like a grandchild’s sweet giggle or a beautiful sunset. Finding the ideal retirement lifestyle that fits your budget, however, does require looking at numbers: for example, comparing the cost of staying at home versus the cost of senior living.

And even if you first assume that it would be more affordable to remain at home, a careful look at what you are actually paying might just change your mind.

The cost of senior living versus staying at home: what you pay and what you get

It’s logical to assume that because your mortgage is paid, living at home would be more economical. The key is to think about what you really pay for each month and during the year, to stay in your house.

For example, things like insurance, appliance repair and replacement, maintenance of the roof, gutters, landscaping, and overall structure of your home. New paint and flooring when needed. Ongoing service of furnace and air conditioning. Plumbing issues. Landscaping and garden maintenance. A security system. Heating and cooling monthly bills. Pesticide services. Housekeeping. And so on.

Then, there’s all the quality-of-life issues that also can result in additional expenses. Here are a few:

  • Maintaining a car and driving or arranging transportation for yourself.
  • Grocery shopping, preparing meals, and making sure you are getting proper nutrition.
  • Trying to maintain an exercise regimen either at home or at a gym (again, driving there).
  • Handling late-night storm damage or loss of electricity on your own or trying to reach a family member to assist you.
  • Feeling the harmful effects of isolation and loneliness because your social opportunities have become limited.
  • Boredom from the same routine day in and day out.
  • Renovating your home to match requirements for aging in place, such as adding an entryway ramp, safety features in the bathroom, reconfiguring the kitchen, and addressing other possible safety hazards.
  • Wondering what will happen should your care needs change.

It can add up to a whole lot of worry. But at Avalon Park, we believe this should be an exciting and fulfilling chapter of your life, and we want you to make the choice that works best for you and your family. We’ve put together a chart to help you make an accurate comparison of the cost of senior living versus the cost of staying at home.


Download our Guide


Cost of senior living vs. costs of staying at home: What does it tell you?

Mortgage or rent 
Property Tax and Insurance  Included 
Home maintenance/repairs  included 
Lawn care/yard maintenance  Included 
Housekeeping  Included 
 Utilities (electricity, gas, water, trash removal)  Included 
24-hour security   Included 
Transportation (insurance, gas, registration, repairs)  Included 
Dining  Included 
Social/Entertainment  Included 
Exercise and wellness  Included 
24-hr Emergency Alert System  Included 


Once you’ve looked at the numbers, you might decide that choosing a carefree lifestyle offering more freedom and more friends is what will best fulfill your retirement dreams. Because it’s not only that senior living can offer you so many more advantages than staying at home, but also how the right environment can enhance your life, or the life of your loved one. As we say at Avalon Park, Live Well and Live Better.

Of course, living well and living better means different things to different people, so we’ve created a lifestyle of senior living activities that promote wellness in all forms. That means plenty of options to attract your personal interests and fit your definition of a fulfilling life – whatever it means to you.

From social gatherings and off-site excursions to fitness classes and cardio equipment, we offer so many amenities, choices and opportunities to live well and live better. We invite you to learn more.

Active independent living doesn’t get more convenient than this!

Contact us today to set up your personalized tour. Learn how a move to senior living can give you the lifestyle you deserve – download our guide, Choosing the Right Community.
Lisa Smith
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