Assisted Living Communities in Centennial, CO

The average American pays $1,000 less per month for assisted living than the typical Centennial senior, and the average Coloradan pays $750 less. The city is at the costlier end of the spectrum, although not as expensive as Boulder, where seniors pay $775 more than their peers in Centennial. However, Centennial seniors relocating within Colorado could save $837 per month in Colorado Springs, $1,250 in Grand Junction and $1,500 in Fort Collins.

Centennial's median fee for assisted living is $5,500 per month, although costlier and more affordable facilities are also available in the city.

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 Colorado page.

At $5,500 per month for 24/7 care, accommodations and meals, assisted living in Centennial offers more for the fee than other types of care. Adult day care costs $2,275, in-home care averages $6,769 and home health care is around $6,864, but they only provide a certain number of hours of care per month and no accommodations or meals for the fees. Nursing homes do offer assisted living services, but because they also provide medical care, the median monthly cost is significantly higher at $8,669.