How Much Does It Cost to Live in a Retirement Home in Florida?

Posted on May 12, 2017

The cost of living in a retirement home in Florida will vary depending on the quality of the retirement home, the facilities and amenities offered, the location of the facility, and the level and type of medical care the person requires. A retirement home in Florida usually refers to fully independent living, as opposed to assisted living or nursing homes. Retirement homes can be stand-alone or constructed within a gated community, with access to recreational facilities. Assisted living facilities take retirement homes a step further, offering independent dwellings in a senior living community in Florida.

Assisted living communities are those that include community-based nursing services or therapeutic interventions, while allowing the person to live in their own dwelling. A nursing home, on the other hand, means the person lives in a facility and enjoys continual supervision and nursing care. Retirement homes in Florida offer fully independent living and are more for seniors with high functionality. However attractive a retirement home is for seniors in Florida, the cost of assisted living is often comparable and provides a better value. Seniors in assisted living facilities have access to amenities and care options that might not be available in a retirement home. A retirement community may not be as closely-knit, and by definition do not include the same types of nursing care, therapeutic interventions, and around the clock access to health services that might be available to residents of an assisted living facility.

Retirement homes in Florida are perfect for retirees who are in good health and who do not require any assistance with daily living and only minimal medical attention. Because of the wide variety in prices of real estate throughout the state of Florida, a retirement home can be costlier than an assisted living facility in which room and board plans may be available.