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 $3,895.

To help you with your search, browse the 87 reviews below for assisted living facilities in Coldwater. On average, consumers rate assisted living in Coldwater 4.8 out of 5 stars. Better rated regions include Auburn with an average rating of 5 out of 5 stars.

Caring.com has helped thousands of families find high-quality senior care. To speak with one of our Family Advisors about assisted living options and costs in Coldwater, call (855) 948-3865.

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.

• 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.

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.

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.