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Managing the Costs of Senior Living

Retirement communities can provide the peace of mind of living in a safe and enriching environment where seniors can focus on the activities that bring them the most joy. But there can be concern about increasing costs of independent, assisted living and memory care options as was illustrated in a recent article, “Costs for senior care continue to rise,” published in the Chicago Tribune.seniors

According to the article, a national report released by A Place for Mom revealed that senior living costs were up one and a half times faster than inflation in 2015. To offset these rising costs, many seniors are choosing to delay transitioning into senior living residences. The article noted that, between 2013 and 2015, the percentage of those who were 84 or older when they made this move increased by 3 percent. Others are trying to manage these escalating costs by moving in with and receiving care from their adult children. This option, however, can be stressful for all members of the family.

 

Peace-of-Mind Pricing

Melrose Meadows offers an all-inclusive pricing structure and is the only independent and assisted living retirement community in the area to do so. Under our all-inclusive monthly pricing, all you pay is your monthly rent. There are no community fees, administrative fees or a la carte pricing.

That means restaurant-style meals, twice-monthly housekeeping, free scheduled transportation, all utilities (except for phone and internet), and a variety of wellness and enrichment programs are all included in your monthly rent. In Melrose Meadows’ Assisted Living community, your rent also includes daily personal care services, access to round-the-clock trained staff and a full-time Nurse Manager on site. A change in daily personal care needs does not come with an increase in your monthly fee.

 

Schedule a Tour

Melrose Meadows’ all-inclusive monthly pricing structure can provide you or a loved one peace of mind in helping manage living costs ─ with no surprises. If that appeals to you, schedule a tour today to see if Melrose Meadows is a good fit for your future.

Melrose Meadows is a certified assisted and independent living community in Iowa City. We pride ourselves on providing an independent lifestyle in a vibrant all-inclusive setting.