Alaska has a population of 728,903 people. Of this population, over 40% live in Anchorage. The city has one of the fastest-growing elderly populations in the US, with the city’s over 65 population set to grow by 5 times the national average.
Options for senior assisted living in Anchorage are becoming more common with baby boomers making up the city’s most well-educated and affluent groups. The average cost of living in Alaska for seniors is relatively high, but it is balanced by the quality of life and the comprehensive care options available in assisted living communities.
With a rapidly aging population, many older Alaskans are considering what to do for their retirement. Though in-home care is an option, you may be seeking something that fits your lifestyle as you age.
Assisted living is one of the best in-home care alternatives as it allows seniors to stay active and socialize, while also providing round-the-clock care when needed. It provides for scheduled activities, support with daily living and an opportunity to thrive.
If you’re interested in knowing the cost of senior living in Alaska, keep reading!
How Much Does Assisted Living Cost in Anchorage?
The monthly median cost of assisted living in Alaska is $7,175, according to Genworth’s 2023 Cost of Care Survey.
What goes into the cost of assisted living?
The cost of Anchorage retirement homes is determined by the level of support that a person requires. The price of assisted living is usually broken down into two separate categories: rent and services.
The rent portion pays for the cost of the facility and varies depending on the size and location. The services portion usually includes, but is not limited to, meals, personal assistance, and transportation.
At Baxter Senior Living, the monthly cost of assisted living starts below the area average. These costs typically include round-the-clock monitoring and care. We also provide a specialized care plan to help meet your individual needs.
We offer different plans, such as a private studio apartment with a bedroom, bathroom, and kitchenette, and a companion suite with two bedrooms and a common space.
Is Assisted Living Right for Me?
Assisted living provides a more in-depth level of care. Most assisted living facilities provide peace of mind for you or your loved ones. The best-assisted living communities will also allow you to maintain independence by providing single apartments where you can live alone but request help when needed.
For those who require some medical intervention and care, assisted living offers the best help available. This can include a wide range of services, from cooking and help with everyday tasks to physical and occupational therapy.
These facilities also provide another unique benefit. They provide social interaction and community support. You will never have to wonder if there are any seniors living near you to interact with.
Many seniors struggle with loneliness.
Assisted living facilities provide an environment to make friends and give seniors a chance to develop new hobbies and interests.
At our facility, we have amenities including:
- Health and wellness programs
- Gym and physical therapy
- Dog park
- Library
- Cafe
- Sunroom
- Transportation
- Nail and hair salon
These features allow those needing care to retire in luxury while staying active. One of our best and most unique features is our dog park. The park allows you to stay active and spend quality time with your animals as you retire.
At Baxter Senior Living, we allow you to keep your pets when you move in. This differs from other care facilities that don’t allow you to keep pets on the premises.
Assisted Living vs In-Home Care
Now that you know the cost of assisted living, how does this option compare to in-home care options?
The biggest benefit of assisted living is convenience, especially for those that need an extensive amount of care like assisted living plus or memory care.
For example, here at Baxter Senior Living, we provide an on-premise gym complete with physical therapists and equipment. With in-home care options, you may have to have a physical therapist visit your home where there may not be specialized equipment.
More In-Home Care Alternatives
Although assisted living is one of the best options for seniors living in Anchorage, there are other options that you should consider for your retirement plan.
At Baxter Senior Living, we provide memory care; a 24-hour service provided specifically for seniors with dementia or Alzheimers.
There is also a respite care option. This is a temporary assisted living arrangement for those who usually require caregivers.
Senior Living in Alaska: What Makes Anchorage Different?
You may be wondering why you should retire in Anchorage Alaska.
As we’ve stated earlier, Anchorage has a rapidly increasing elderly population. This means that there are plenty of seniors living here. This provides options for seniors to socialize without fear of isolation.
There is also amazing scenery and wildlife, as well as other outdoor activities like hiking and fishing.
Find the Best Senior Care in Anchorage
On average, assisted living in Anchorage costs around $6,045 per month or $72,540 per year. These costs are made up of rental costs and service fees. Assisted living allows you to live independently while also having a valuable support system.
Anchorage has a rapidly aging population. This means that there are a lot of options for seniors living in Alaska. Assisted living is one of the best in-home care alternatives that we provide.
If you want to learn more about Baxter Senior Living and the services we provide, contact us today.
