Oklahoma’s diverse terrain full of green hills, golden prairies, forests, mountains, and valleys, provides active retirees with countless options to go trekking, fishing, or simply enjoy the gorgeous scenery! The Myriad Botanical Gardens, Oklahoma City Museum of Art, Will Rogers Memorial Museum, and Armstrong Auditorium, are also located here, providing visitors with a range of activities and sights to experience.
The state even offers a complete tax exemption for Social Security benefits as well as a $10,000 deduction for additional forms of retirement income. Overall, the living costs in Oklahoma are lower than the national mean, allowing retirees to maximize the value of their retirement savings and pension funds. If you’ve been wondering about the cost of independent living in Oklahoma compared to other aged care services, read this helpful guide!
Definition of Independent Living in Oklahoma
Independent living communities are ideal for healthy retirees who need very little, if any, help with dressing, showering, eating, housework, or other everyday living routines. Residents typically do not need continual medical monitoring or individual supervision. Those who require help with basic daily activities would choose to relocate to an assisted living community instead.
The objective of an Oklahoma independent living community is to make a retiree’s life simpler while maintaining their independence and freedom. This frequently entails offering onsite amenities and easy access to things like meals, cleaning, socializing, entertainment, and excursions to other towns to see what Oklahoma has to offer.
Cost of Independent Living in Oklahoma Vs. Other States
According to the Genworth Cost of Care Report in 2021, the mean price of independent living in Oklahoma is $2,506 per month, which is about $419 less than the national mean of $2,925 per month.
Oklahoma’s mean price of independent living statewide is in the middle of the spectrum relative to neighboring states like Texas, Kansas, and Colorado, which have higher mean prices than Oklahoma at $2,599, $2,977, and $3,088 respectively. In contrast, the mean price of independent living in Missouri is $1,950 while Arkansas’ monthly mean price is $2,444.
Cost of Independent Living across Oklahoma
The prices of independent living also vary statewide across Oklahoma. Lawton and Tulsa are two of the least expensive locations in the state, with mean monthly prices of $2,315 and $2,506 respectively, less than the national mean price. Enid, on the other hand, has a comparatively higher mean price as independent living costs roughly $2,587 per month in north-central Oklahoma. The capital, Oklahoma City, also has one of the highest mean prices in the state at $3,120 per month.
Cost of Independent Living Vs. Other Aged Care Options in Oklahoma
Personal home care and nursing home options are also accessible to retirees in Oklahoma, but they can be costly. For golden-agers who prefer to remain at home, personal home care costs roughly $4,862 per month. Nursing homes are the most expensive choice for aged care in Oklahoma, with semiprivate quarters costing roughly $5,475 and private rooms costing about $6,083 per month.
For retirees who do not need substantial dedicated nursing home care, assisted living is the other option available at a mean monthly price of $3,855.
Compared to other aged care options available in Oklahoma, independent living is evidently more affordable at $2,506 per month.