Assisted Living Communities in Golden, Colorado

Assisted living care costs a bit more in Golden than it does in other parts of Colorado. It's $750 more than the state average and higher than the national average by $1,000. When looking more closely at nearby cities, Golden comes in second only to Boulder, which is $775 higher. The other two closest cities are the army town of Fort Collins, which is $1,500 less, and the college town of Greeley, which is lower than Golden by $1,100. Colorado Springs to the south is $837 less.

 

The current cost of assisted living services in Golden, CO, is $5,500 per month.

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.

There are several options for seniors when it comes to long-term care in Golden. Other than adult day health care, costing $2,275, assisted living is the most affordable. For those who wish to remain in their own homes, there is nonmedical in-home care at $6,769 or home health care provided by licensed medical professionals at $6,864 per month. The highest-priced option is a semiprivate room in a nursing home at $8,669 per month, but this includes continuous skilled nursing care.

The Colorado Department of Public Health and Environment (CDPHE) oversees the licensing of assisted living communities in Golden. Their Health Facilities and Emergency Medical Services Division is responsible for ensuring compliance with state regulations and standards to protect the health and safety of all residents. They conduct inspections and investigate complaints to ensure quality care is provided in every facility.

 

• Golden's cost of living is 49.5% higher than the nation's average. This may be concerning for some seniors, but food, transportation and entertainment are comparable to other cities of this size. For those able or willing to pay a bit more, the abundance of amenities and rewarding lifestyle are returned tenfold.
• Crime rates in Golden are quite low. Violent crime is 11.5 compared to the nation's 22.7 on a 100-point scale, while property crime is about 1.5 points lower than the national average. These rates make the city a safe place to live, and seniors in assisted living communities have the added comfort of highly secured and constantly monitored centers.
• Home to the top hospitals in the state and a center hub of health care for the region, the area surrounding Golden also has health care costs that are about 5% lower than the U.S. average. The UCHealth University of Colorado Hospital is high performing in cancer, geriatrics, neurology and orthopedics, and SCL Health St. Joseph Hospital features the top heart program in the state. Both are teaching hospitals, which often brings the most innovative and newest treatments here before anywhere else.
• The high altitude in Golden may be cause for concern for seniors with heart issues, but the semi-arid climate offers fantastic air quality. With over 300 days of sunshine spread across all four seasons, outdoor activities can be enjoyed all year. Rainfall is half of the national average, but snowfall is nearly triple at 73 inches each year.
• Recreation opportunities include over three dozen parks along with the Denver Botanic Gardens. Seniors may also appreciate the extra 10% boost to every shot in their golf game thanks to the altitude at one of the 87 courses throughout the city.
• There is no income tax on any social security income, pensions or annuities in Colorado, and property tax is among the lowest in the nation. Sales tax can be high, but property tax exemptions may make up for this. There are additional subtractions available for veterans and retirees which help make Colorado a desirable place to retire.