The cost of living is something that occupies all of us, no matter where we live. After retirement, it takes on a new importance since you now rely on a fixed income and limited funds to support you.
An advantage to retirement is that you are no longer stuck living near your workplace. A great way to stretch your retirement funds is to relocate someplace less expensive. Scottsdale, Arizona, is a great place to settle for people from many other parts of the U.S.
Although the cost of living is 4.5% higher than the national average, according to Forbes Magazine, the sunshine, open spaces, and amenities can make Scottsdale a brilliant place to spend your golden years.
Scottsdale is a great place for medical care. The Honor Health System Scottsdale Shea Medical Center is a high-quality source of medical care and rehabilitation services for the senior community. The cost of medical care in Scottsdale is just slightly below the national average, and for seniors in financial need, medical care can be provided on a sliding scale.
Retirees can enjoy the convenience of Scottsdale’s quaint trolley system and the wide-ranging routes of the Valley Metro Bus Line. Scottsdale is part of the Phoenix Metro area’s mass transportation system; if you don’t want to drive, you don’t have to. The bus and trolley system will transport you from Scottsdale to Phoenix and surrounding communities.
The transit system in Scottsdale and the surrounding communities means that you have the independence to get around even when driving is no longer possible due to the inevitable loss of vision or loss of mobility that comes with age.
The median home price in Scottsdale is $230,000. If you are relocating from the larger, northern, and western states, the sale of your old home should get you a comparable or even better new one in Scottsdale.
The average rent for a one bedroom in Scottsdale is approximately $1000 per month. While the average Scottsdale rent is not as low as in some other locations, it is still affordable. The Scottsdale area basks in 330 days of sunshine each year and enjoys the absence of brutal winters. The climate, combined with easy transport and wonderful amenities make rental and housing costs seem lower.
Senior care expenses in Scottsdale are below the national average. If you choose an assisted living facility in Scottsdale, you’ll pay $3170 per month on average. This compares favorably with the national average of approximately $43,000 per year. Nursing home care is equally affordable at $5,500 per month for a semi-private room. This is well below the national median cost of roughly $80,300 per year.
The beautiful weather and absence of cold, dark winters make Scottsdale a healthy and happy location to spend your retirement years. If you need to stretch your retirement funds and want a good quality of life in your senior years, then Scottsdale could be the place for you.
Find assisted living in Scottsdale near you.