Assisted Living Communities in Key West, Florida

Assisted Living costs in Key West start around $2,400 per month on average, while the nationwide average cost of assisted living is $4,000 per month, according to the latest figures from Genworth’s Cost of Care Survey.

It’s important to note that assisted living rates in Key West and the surrounding suburbs can vary widely based on factors such as location, the level of care needed, apartment size and the types of amenities offered at each community.

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 Florida page.

Key West is the subtropical island paradise city at the tip of Florida's resort-strewn islands. The original Margaritaville, Key West is a city of sandy beaches and bamboo refreshment stands with a permanent population of 24,500 people, 15.5% percent of whom are seniors aged 65 and over. Seniors who've picked Key West as their home have their choice of 10 assisted living facilities on the island. 

Seniors in Key West's assisted living communities get comfortable apartment-style living, along with professionally prepared meals and help with daily activities such as laundry and transportation. These facilities, like others of their kind across Florida, are regulated by the Florida Department of Elder Affairs.

 

• The climate in Key West is pure island paradise, with the occasional hurricane. Summer highs on the island average 89 degrees, while the nearly invisible winters dip to just 64 in the coldest months. Seniors in Key West have to put up with nearly 40 inches of rain a year, often light drizzles that show up year-round.
• The cost of living in Key West is high by national standards. Overall, seniors in Key West can expect to pay up to 71% more for common personal expenses than people on the mainland do. Healthcare is somewhat more affordable, though costs are still 52% above the national average in Key West.
• Crime rates in Key West stay close to the national average across all crime categories combined. Local and national crime rates are within 5% of each other overall, though seniors are significantly safer from violent crime, which is just half the national rate here.
• Public transportation in Key West is in the hands of the City of Key West Department of Transportation, which runs routes as far up the chain as Marathon. Seniors aged 60 and over in Key West can ride most routes for free with valid ID.
• The Key West area is home to world-class medical facilities, including Lower Keys Medical Center, in the event of medical emergencies or illness.
• Key West has an array of community resources for seniors, including the Monroe County Salvation Army, an organization that offers emergency utility assistance, signups for low-income home energy programs and various nutritional and personal-care services, as well as two senior centers.

 

Note: Data reported on this page was updated in 2019 and based on the latest 2018 figures.