Assisted Living Communities in Holt, Michigan

According to the 2024 Genworth Cost of Care Survey, seniors in Holt pay around $5,500 per month for assisted living. This rate surpasses the state median by $450 and the national norm by $150. Local rates also exceed costs in Flint, where the median hovers near $4,250. However, Holt offers a budget-friendly alternative to Battle Creek, where facilities charge about $11,072.

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.

Assisted living ranks among the most cost-effective senior care solutions in Holt, with seniors paying monthly fees of around $5,500. This rate falls about $1,200 below the cost of private in-home care services. Assisted living prices also compare favorably to nursing home rates, which come in at roughly $10,859 for semi-private accommodations. 

Assisted living facilities in Holt and throughout the state are regulated by the Michigan Department of Human Services. The Department ensures that all facilities are following state laws and regulations by carrying out scheduled and unscheduled inspections. The state of Michigan does not require assisted living facilities to be licensed.

• The state of Michigan is tax-friendly to retirees. It does not tax Social Security income, and seniors qualify for a sizable deduction on other forms of retirement income. Sales taxes in the state are below the national average. This means that seniors living in Holt have access to additional funds to enjoy their retirement.
• Holt has a crime rate that’s fairly similar to other small cities throughout the country. It’s ranked as safer than 44% of cities in the U.S. The majority of crimes committed in the city are property crimes. Seniors who are worried about the risk of being a victim can rest assured that most assisted living communities offer 24/7 security and controlled access systems.
• The overall cost of living in Holt is lower than the rest of Michigan and significantly lower than the national average. This means that seniors living in Holt will be able to enjoy a comfortable retirement and have funds to partake in local activities.
• Holt experiences mild summers and extremely cold winters. The city receives an average of 46 inches of snow per year while the national median is 28 inches per year. Seniors living in Holt will need to budget for additional heating costs during the winter. Those who enjoy the outdoors will appreciate the mild summers that are perfect for exploring the surrounding countryside.
• Seniors living in Holt have no shortage of things to do. The area around the city is home to a number of parks with excellent walking trails. In the city, seniors will find a variety of shops and restaurants where they can socialize with friends and family.
• Holt offers medical facilities to suit the needs of local seniors. The Holt Senior Care and Rehab Center specializes in assisting seniors after an accident, illness or surgery.