2 Assisted Living Facilities in Coldwater, MI
The average cost of assisted living in Coldwater is $3,404 per month. This is lower than the national median of $3,630.
To help you with your search, browse the 9 reviews below for assisted living facilities in Coldwater. On average, consumers rate assisted living in Coldwater 4.3 out of 5 stars. Better rated regions include Three Rivers with an average rating of 4.4 out of 5 stars.
Caring.com has helped 5 families in Coldwater find high-quality senior care. To speak with one of our Family Advisors about assisted living options and costs in Coldwater, call (855) 863-8283.
2 Assisted Living Facilities in Coldwater, MI
Masonville Place
Grand Vista
What to Consider About Assisted Living in Coldwater
Coldwater is located in southern Michigan, not far from the Indiana border. The city is the birthplace of actress Ruth McDevitt, a familiar face on television screens during the 1950s and 1960s.
One in seven of the city’s estimated 12,250 residents are senior citizens. When seniors need help with their daily activities, they may choose to move into one of the two assisted living facilities in the city. Coldwater’s assisted living communities, like those throughout the state, are licensed by the Department of Licensing and Regulatory Affairs.
Benefits and Drawbacks of Assisted Living in Coldwater
- Seniors may enjoy the many annual festivals that take place in Coldwater, including Applefest and the Strawberry Festival. For concerts and theatrical productions, seniors can visit the historic Tibbits Opera House. Another historic destination, the Little River Railroad, offers rides on a turn-of-the-century steam locomotive.
- The Coldwater area is home to world-class medical facilities, including ProMedica Coldwater Regional Hospital, in the event of medical emergencies or illness.
- Coldwater’s bus service is provided by the Branch Area Transit Authority. On weekdays, seniors can use the BATA’s Circle Route to get to the regional hospital, shopping centers and other destinations. Seniors can also book rides on the curb-to-curb bus service where they enjoy discounted fares on BATA buses.
- Retiring in Coldwater could have tax benefits. Unlike some states, Michigan doesn’t tax seniors’ Social Security benefits. Military pensions are exempt from state income tax, and depending on a senior’s age, other types of pensions may be partially exempted.
- Seniors who want to stretch their retirement savings may appreciate Coldwater’s low cost of living. At 15.6% lower than the national average, this city is very affordable. These savings are largely due to low housing costs, but transportation, utilities and healthcare are also less expensive in Coldwater.
- Coldwater’s property crime rate is much higher than the state average. Per 1,000 residents, 27.31 of these crimes occur in Coldwater, compared to only 18 in Michigan. Since Coldwater residents have a 1 in 37 chance of becoming a victim of a property crime, seniors may want to take precautions.
Note: Data reported on this page was updated in 2019 and based on figures from 2018.
Paying for Assisted Living in Coldwater
Average Monthly Costs
Cities in Michigan
Assisted Living costs in Coldwater start around $3,404 per month on average, while the nationwide average cost of assisted living is $4,000 per month, according to the latest figures from Genworth’s Cost of Care Survey.
It’s important to note that assisted living rates in Coldwater and the surrounding suburbs can vary widely based on factors such as location, the level of care needed, apartment size and the types of amenities offered at each community.
Financial Assistance for Assisted Living in Coldwater
Several programs may help seniors pay for care in Coldwater’s assisted living communities. Seniors who receive SSI may qualify for Michigan’s optional state supplementation program, which provides monthly cash assistance. The MI Choice waiver program may help seniors pay for the services they receive in assisted living facilities.
Learn more about these programs, plus who’s eligible, on our Assisted Living in Michigan page.
More Ways to Pay for Assisted Living
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 Michigan page.
Free Assisted Living Resources in Coldwater
Coldwater and the surrounding area are home to numerous government agencies and non-profit organizations offering help for seniors searching for or currently residing in an assisted living community. These organizations can also provide assistance in a number of other eldercare services such as geriatric care management, elder law advice, estate planning, finding home care and health and wellness programs.
To see a list of free assisted living resources in Coldwater, please visit our Assisted Living in Michigan page.
Assisted Living Laws and Regulations in Coldwater
Coldwater-area assisted living communities must adhere to the comprehensive set of state laws and regulations that all assisted living communities in Michigan are required to follow. Visit our Assisted Living in Michigan page for more information about these laws.
Other Options in Coldwater, MI
Recent Reviews of Assisted Living in Coldwater
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Review of Masonville Place
I went to see Masonville Place's assisted living facility, and it was fine. They were very, very helpful during the tour. They offer meals, housekeeping, and laundry. They have private, nice apartm... Read more
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Review of Masonville Place
We toured Masonville Place for my siblings. They were very helpful and very personable. They are all vaccinated, one hundred percent, and they had not had one single case of Covid. We had to take... Read more
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Review of Masonville Place
I went to Masonville Place. It was a good tour, and it looked like the apartments would work for us. Everything was clean, nice, and tidy. Everybody was friendly. They showed exercise areas, a spa ... Read more
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