The 5 Best Assisted Living Facilities in Cabot, AR for 2024

Assisted living is a convenient option for Cabot seniors who want extra support and added peace of mind but don’t require the medical services typically offered by nursing homes. These facilities provide access to 24-hour, on-call staff along with housekeeping and help with activities of daily living. The average monthly cost for this level of care is $3,125, which is well below the state and national medians. Cabot is also one of the more affordable areas for long-term care in Arkansas.

This guide includes information about assisted living facilities in Cabot, including how much they cost and how they’re regulated. It also includes details about local organizations that can help seniors and their families find and pay for long-term care.

Assisted living facilities and residential care homes in Cabot and other parts of Arkansas are licensed by the Office of Long-Term Care, and must secure a permit from the Arkansas Health Services Permit Agency. Assisted living and other long-term care facilities are also subject to minimum staffing requirements and other regulations as per the state code.

• More than a dozen hospitals are located within 25 miles of Cabot. These include the CHI St. Vincent Medical Center-North, the Arkansas Surgical Hospital and the nationally ranked UAMS Medical Center.
• Retirees in Cabot benefit from a very low cost of living. Essentials, such as housing, health care, food and utilities, cost 15% less than the corresponding national averages, which is ideal for those on a fixed income.
• Arkansas is a very tax-friendly state for retirees. It exempts Social Security benefits, military pensions and up to $6,000 of annual retirement income. Lonoke County also offers tax breaks for seniors aged 65 and older.
• The climate in Cabot is pleasant. Seniors can benefit from an above-average number of sunny days and just three inches of snow annually. Summer highs are in the low 90s, and winter lows are just below freezing.
• Cabot has a livability rating of 70, according to AreaVibes. It ranks best for its amenities and cost of living, and it receives its lowest ratings for schools and housing. Crime rates and employment opportunities receive middling grades.

Genworth Financial’s annual Cost of Care Survey shows the cost of assisted living in Cabot is $3,125 per month. This saves residents $1,175 per month compared to the national median of $4,300, and $375 compared to the statewide average.

Assisted living in Cabot is also more affordable than in some other Arkansas cities, such as Fort Smith, Jonesboro and Hot Springs, where average rates range from $3,406 to $3,625 per month. However, in Pine Bluff, the average is just $2,350 per month, which is $775 lower than what seniors pay in Cabot and $1,150 lower than the statewide median.

Assisted living is competitively priced compared to other forms of long-term care in the Cabot area. In-home care provided by a professional homemaker or home health aide costs $4,157 per month, which is $1,032 more. Adult day health care costs $2,167 per month, which represents savings of $958, but it doesn’t include accommodations or around-the-clock assistance. Nursing home facilities offer the most expensive type of long-term care in Cabot, at $6,083 for semiprivate and $6,920 for private accommodations.

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

• Veterans Benefits
• Life Insurance Policy
• Long-Term Care Insurance
• Reverse Mortgage

For more information about different ways to finance assisted living, visit our Assisted Living in Arkansas page.