Assisted Living Communities in Cabot, Arkansas

The 2024 Genworth Cost of Care Survey lists the median monthly cost of assisted living in Cabot at $4,433, significantly lower than the national baseline rate of $5,350. Compared to nearby cities, Cabot sits at the top of the cost ladder, with Fort Smith near the bottom at approximately $3,376 per month, offering seniors a monthly saving of around $1,057.

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.

Assisted living in Cabot costs roughly $4,433 per month, offering a more affordable alternative to nursing home care where the standard monthly charge for a semi-private room weighs in at $8,441. For seniors with a good support network who only need limited health care services, adult day health care at $1,907 may provide an affordable solution.

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.