news & Blog

The Cost of Senior Living


Living at a CCRC, or a Continuing Care Retirement Community, means that all of your necessities will be in one place. Your current day to day activities and responsibilities likely require a lot of time, effort and – yes, you guessed it – money. In senior independent living, your responsibilities can be streamlined, providing you with a carefree lifestyle that you deserve during your retirement years. While there are many factors that need to be considered when thinking about moving into a senior living community, also known as a Life Plan community, we understand that your finances may be in the forefront of your plans. We’re here to help you understand what senior living fees include. When looking into a Life Plan community, consider your everyday expenses and compare them to everything you’ll get out of the community. You may find that it’s either less money, or more comparable to what you expected in the first place.


One of the best ways to explain the costs to you is to first explain the various models. CCRC’s independent housing is the first step in a spectrum of housing options. These different models include independent living, assisted living, and skilled nursing care. Most Life Plan Communities are designed for those who are able to live independently when they move in but want the security of knowing changing needs can be met as they age, without having to relocate. 


Residents pay a fee to stay at a Life Plan community, but it may not be as costly as you think. Consider how much you’re currently spending living at your home now. Think of ALL of your expenses – such as a mortgage payment or the monthly cost of utilities. You’re spending money to buy your day-to-day essentials, from the groceries you consume to the appliances you utilize.  Owning your home also means you’re in charge should anything need fixing or replacing – dishwasher or refrigerator repairs or replacements are very costly. Outside your home, you may pay for yard care, landscaping, or even snow removal. And aside from the price of the aforementioned is the biggest cost of all: the valuable time you’re spending on upkeep. The many monthly expenses you’re dealing with add up over time, but in a CCRC, they’re included in the price. There are also regular fees you have currently that you won’t have to pay when living in a senior living community. Costs such as property insurance and property tax will either drastically decrease or disappear completely. Depending on location, you may even choose to live in a community without a vehicle if all you need is in close proximity, forfeiting those expenses as well.


So what types of costs are we talking about? Depending on what Life Plan community you choose, you may pay a one-time entry fee. After paying the entry fee, members are then responsible for a fixed monthly fee for their membership. Hearing these costs may make living in a CCRC sound more expensive than staying home, however, many find that their monthly expenses have gone down since moving to a CCRC.


If you’re considering making the move to a senior living community but aren’t sure about it financially, we have some tips that may help you.

  • Start keeping track of your spending at home. The best way to find out your current costs is to keep a detailed list of everything you purchase and every bill you pay. 
  • Make sure to list if and how often appliances need to be serviced or replaced. Many people find that the small services required around the home tend to add up quickly.
  • Pay close attention to how much your groceries cost. The dining options offered typically provide a lot of bang for your buck at a senior living community.
  • Keep track of all entertainment and leisure activities. One of the best parts about senior living is all the fun programs offered to residents. You’ll have unlimited access to revisit old hobbies and learn new ones.
  • Don’t forget to include copays and health-related costs. The services and amenities offered in CCRC’s healthcare typically provide more than traditional doctor’s offices. The option for a continuum of care is always available as well, should you need it.

Once you add up your current expenses, compare that to the monthly fee at whichever Life Plan community you are considering. Make sure to find out what is covered in the monthly fee, so that you can compare.  At Viamonte, the monthly fee covers:

  • Club-style dining
  • Bistro bar and alfresco dining
  • Housekeeping
  • Linen Service
  • Utilities – heating, air conditioning, water and electricity
  • Cable television
  • Wi-Fi and internet access
  • Secure parking
  • Concierge
  • Residence, building and grounds maintenance
  • Comprehensive wellness programs
  • Recreational, social, and educational programs
  • Transportation
  • Additional storage

Viamonte at Walnut Creek will offer a comfortable lifestyle, ensuring you have all you need from dining and activities, to fitness, wellness and healthcare. To discuss the costs of senior living at Viamonte, visit our website or call us at 925-621-6600.

  • By providing your contact information to Sequoia Living, you are giving us your express consent and permission to call you and otherwise contact you using your contact information. View our Usage and Privacy Policy.


Viamonte is Guest Ready and Open for Appointments

This is default text for notification bar