- Cost of living in Simi Valley is very high, scoring 149.9 on a scale where 100 is the national average. However, this is on par with California’s average of 149.9. The high cost of living in the area may be a drawback for seniors with limited financial means.
- California is not known for being tax-friendly toward retirees. Social Security benefits are exempt from state income taxes, but public pensions, private pensions and withdrawals from retirement accounts are fully taxed between 1% and 13.3%. Nonetheless, California does offer a program where seniors can double their income tax exemption.
- Simi Valley has moderate healthcare costs compared to the national average. It has approximately 183 physicians per 100,000 residents compared to the national average of 200. This marginally lower figure means it might be more challenging for residents to access healthcare compared to other cities in California or the rest of the United States.
- Compared to the rest of the country, crime rates are low in Simi Valley. The city scores 10.7 for violent crimes and 21.7 for property crimes on a 100-point scale. This is markedly lower than the corresponding national averages of 22.7 and 35.4, respectively. Rates have remained stable and significantly lower than national averages over the last two decades.
- Simi Valley Transit offers heavily discounted public transportation for seniors or disabled citizens, with single-trip, day-pass and monthly fares reduced by 50%. It also offers shuttle and dial-a-ride services for disabled citizens.
- Air quality in Ventura County is poor based on figures from the American Lung Association. This may be of concern to seniors with heart conditions and pulmonary diseases. Ventura County scores the lowest grade for ozone pollution and 24-hour particle pollution, but it has a passing grade for annual particle pollution.
- Simi Valley, like much of California, has an agreeable climate with warm, dry summers and mild winters. There are 277 sunny days per year, a high figure compared to the national average of 205. Simi Valley also has low rainfall of just 17 inches per year, less than half the national average of 38.
Assisted living facilities in Simi Valley charge an average monthly rate of $5,750. This figure varies with the amenities and services offered as well as the desirability of the location.
The cost of assisted living in Simi Valley is higher than both the national median of $4,500 and California’s average of $5,250. In Los Angeles, seniors can expect to pay $500 less, where mean assisted living costs are $5,250, on par with the state average. Costs are significantly lower in the nearby Bakersfield and Riverside areas at $3,750 and $4,000, respectively. Seniors may spend marginally less in San Diego where assisted living costs an average of $5,475 per month.
Seniors in Simi Valley pay an average of $5,750 per month for assisted living. For slightly more, seniors may wish to seek a similar type of care from the comfort of their home, with average monthly costs for in-home care home health care at $5,815 and $6,054, respectively. Nursing home care is much higher at $11,254 per month for semiprivate accommodations.
Home Health Care
Nursing Home Facility (semiprivate room)
Note: Data for Simi Valley was unavailable, so data for the nearest city, Oxnard, was used instead.
When medically necessary, Medi-Cal will pay for assisted living facilities in Simi Valley, as they will for seniors all over the state of California. However, Simi Valley has set up an affordable and senior housing program which provides quality housing to seniors, ranging from apartments to condominiums and townhomes, which are made available to qualifying seniors above 55 years of age.
Low-income individuals who prefer to live in an ALF rather than a nursing home may also receive help through the Assisted Living Waiver Program.
Learn more about these programs, plus who’s eligible, on our Assisted Living in California page.
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 California page.