Assisted Living Communities in Glenwood Springs, Colorado

Assisted living expenses average $4,250 per month in Glenwood Springs, making it one of the most affordable cities in Colorado, as care costs are $500 less than the state average. Local rates are also $250 less than the national norm. While most other locations in Colorado are more expensive than Glenwood Springs, assisted living is $450‬ cheaper in Pueblo. On the other hand, it's approximately 9.7% more expensive in Colorado Springs and 29.4% more in Denver. Meanwhile, rates average $2,025 more in Boulder than in Glenwood Springs.

 

Assisted living communities charge $4,250 per month on average in Glenwood Springs.

 

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 Colorado page.

Assisted living averages $4,250 per month in Glenwood Springs, making it less expensive than many other types of care in the area. However, for seniors wishing to continue living independently, home care is an alternative that costs nearly 27.8% more than assisted living, but it allows seniors to receive care in the comfort of their own homes. Furthermore, home health care has the same increased cost but includes skilled nursing and medical treatments. A semiprivate room in a nursing home is also more expensive, averaging nearly twice as much as assisted living at $8,456. Adult day care, however, costs $3,058 less than assisted living.

The Colorado Department of Public Health and Environment regulates assisted living communities in Glenwood Springs and the state's other cities, ensuring they follow health and safety laws safeguarding the well-being of residents. The department maintains a record of each provider's compliance history that seniors can check as part of their retirement planning.

• Health care costs 4.8% less in Glenwood Springs than the national average. While the city has 40 fewer physicians per 100,000 residents than the U.S. norm, proximity to Denver enables seniors to access comprehensive medical care when needed, including specialty surgeries and rehabilitation treatments. Additionally, most essential health care services are available locally through the Valley View Hospital.
• The overall cost of living in Glenwood Springs is 30% above the national norm. However, this average is heavily skewed by housing costs. Other expenses, such as groceries, transportation and health care, are more reasonably priced. As such, moving into assisted living may still be an affordable option for seniors.
• Glenwood Springs has somewhat high tax rates. Although the income tax rate matches the national norm at 4.6%, the sales tax rate is 1.3 points higher than average. However, seniors aged 65+ may be eligible for a $24,000 annual tax deduction for Social Security benefits and most other forms of retirement income. There is also a $20,000 deduction for people aged between 55 and 64.
• The climate in Glenwood Springs features cold winters but relatively comfortable summers. While the region experiences 45.2 inches of annual snowfall on average — much higher than the 27.8-inch national norm — it also has 34 more sunny days annually than the national average, allowing seniors to spend more time outdoors.
• Crime rates are unfortunately rather high in Glenwood Springs. On a 100-point scale, violent crimes measure at 24.1 versus the national average of 22.7, and property crimes measure at almost double the national norm of 35.4. However, these numbers have been trending down in recent years and assisted living communities typically have excellent security features.
• Glenwood Springs has a bus service that enables seniors to travel throughout the city, and the Roaring Fork Transportation Authority also allows them to visit neighboring communities easily.
• Glenwood Springs offers many outdoor attractions for seniors desiring an active lifestyle, including hot springs, mountains, caves, lakes and golf courses. It also has excellent shops and restaurants.