One major consideration that comes with making the move to senior living is the costs involved. At first glance, the monthly payments required of a senior living community may seem high, but when you think about it, this sum covers everything you could possibly need. With homeownership, chances are your monthly expenditure does not differ too much from the monthly rent in a senior living community, and you may even be paying more. In this guide, we give you a senior living cost comparison to help you make a well-informed decision.

Housing

Regardless of your age, housing makes up a big part of your monthly expenditure. If you have not paid off your mortgage, you will need to make a monthly payment on top of property taxes, homeowners’ insurance, maintenance fees, and much more. If you are renting a place, your rent only covers your occupation of the space and does not include other necessities. Without a doubt, you will have to stay on top of your budgeting when aging in place, and it can very quickly get out of hand. In a senior living community where everything is covered at one all-inclusive price, you will find that you enjoy a higher degree of financial freedom.

Transportation

Do you drive? If so, you will have to take into consideration the price of the vehicle (if it has not been paid off fully), auto insurance, gas prices, and maintenance fees. If you don’t drive, the cost of public transportation may be lower, but the time and hassle needed to navigate it can mean that it’s simply not worth the trouble. When you transition to senior living, you will no longer have to travel long distances unless you want to, because all the amenities you require will be right on your doorstep. When you do need to get out and about, chauffeured transportation will get you where you need to be safely and on time.

Dining

Maintaining a well-balanced diet is essential for keeping in good health, and this is even more important in your golden years. The trouble is that preparing meals for just one or two can be challenging and prove to be inefficient cost-wise. On top of that, you may not have the motivation to plan out your meals for the week ahead and find yourself resorting to microwave meals more often than you would like. In a senior living community, this cost is taken care of in the monthly rent, and you are free to enjoy three fresh, delicious and nutritious meals a day without having to put in the hard work.

TerraBella Windsor Lake Can Offer an Excellent Living Experience

Now that you have a better idea of the costs involved, you are one step closer to making that all-important decision! TerraBella Windsor Lake is a great choice for older adults looking for an active independent living option in Columbia, SC. Our all-inclusive rent covers everything you could possibly need and you can live life to the fullest while enjoying our stylish amenities.