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How Much Does It Cost to Retire in Scottsdale, AZ?

Necessities such as housing and health care tend to cost a little bit more in Scottsdale than throughout the rest of the Phoenix metroplex area, but local seniors still enjoy a lower cost of living than the national average. A low personal income rate, tax breaks for seniors, and a variety of affordable and convenient services make Scottsdale an ideal place to retire.

Scottsdale housing prices

Seniors who need a hand with day to day activities can find assisted living prices in Scottsdale that are in line with national costs. A room in an assisted living facility costs an annual median of $41,640 for Scottsdale residents. If you require skilled nursing care, you can save around $20,000 on yearly boarding costs by bunking with a roommate.

Housing prices in Scottsdale tend to be slightly higher than in neighboring cities, with rental rates averaging $1,429 per month in October 2016. The price of homes in the area is also high, hitting a median of $230,200 in 2016 according to Forbes figures.

Scottsdale health care costs

If you are a Medicare beneficiary living in Scottsdale, you may be wondering what you can expect to pay for health care services. Medicare spending throughout Maricopa County is in line with spending nationwide, with costs amounting to $9,023 per person in 2014.

Participating Medicare providers are able to cover a variety of essential health services for Scottsdale beneficiaries, with patients paying nothing more than standard co-insurance. Beneficiaries who choose to see a non-participating Medicare provider for care may have to pay a portion of their medical bills out-of-pocket.

Affordable transportation services in Scottsdale

Scottsdale seniors have a variety of options when it comes to local public transportation. Valley Metro buses and rail services run 365 days a year to help Scottsdale families travel anywhere within the Phoenix metroplex area. Seniors over 65 can save on transportation costs by taking advantage of reduced fare rates.

If you’re pressed for time, you can get to Scottsdale’s most popular hotspots by hopping on your local Neighborhood Circulator. The Scottsdale Camelback Trolley, the Downtown Trolley, the Miller Road Trolley and the Neighborhood Trolley all offer transportation to destinations within Scottsdale without charging riders a penny.

Scottsdale seniors who choose to drive can also get around town without breaking the bank. gasoline prices around the Scottsdale area tend to be significantly lower than nationwide prices, while insurance rates are often lower for Scottsdale residents than for the residents of other Arizona cities.

Where to find free entertainment

These days, having fun can come with a hefty price tag. Fortunately for Scottsdale residents, the city offers a wide variety of free and fun things to do for the whole family. Check out free Public Art and Historic Scottsdale walking tours, visit the Old Town Farmer’s Market on Saturday mornings, or view unique works and special exhibits by local artists during the free Scottsdale Artwalk every Thursday evening. The Scottsdale Museum of Art also offers free admission for visitors all day every Thursday. For more ideas, contact the Scottsdale Tourist Information Center.

Learn more about Scottsdale Retirement Planning here:

What's the Cost of Living in Scottsdale, AZ?

Scottsdale Financial Advisors

Scottsdale Elder Law Attorneys

Scottsdale Senior Realtors

Scottsdale Senior Movers and Downsizers

Scottsdale Neighborhood Guide

Live Like a Local in Scottsdale

Scottsdale Demographics and Lifestyle

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