Assisted Living Communities in Monument, Colorado

Assisted living in Monument costs $4,663 per month. This surpasses the national norm by $163 but falls $87 below Colorado's statewide median. In Boulder, seniors pay a higher rate than those in Monument at $6,275, while Denver also carries a higher cost at $5,500. However, prices drop to $4,000 in Fort Collins and $3,800 in Pueblo, offering cheaper care options than those in Monument. 

Seniors in Monument pay a median monthly rate of $4,663 for assisted living. 

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.

Seniors in Monument have numerous care options to choose from. Assisted living offers residential daily living assistance, meals and social events for $4,663 per month. For daytime-only supervision and activities, seniors can access adult day health care for a lower rate of $1,733. Those wishing to age in place pay about $1,105 more than assisted living residents for home care or home health care. Home care offers personal care support and companionship, while home health care caters to medical needs, including wound care and medication administration. Meanwhile, nursing homes provide around-the-clock medical care for sick or injured seniors. They cost about $4,006 more than assisted living communities.