Get Pricing & Availability for Assisted Living in Troy, MI
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Page Reviewed / Updated – September 30, 2022
Troy is an upscale Detroit suburb approximately 15 minutes north of that city’s center and is considered part of the Detroit area by the Genworth Financial 2021 Cost of Care Survey. The city’s average monthly cost of assisted living, $4,215, is below state and national averages. A few other financial factors help make Troy a strong choice for seniors. The cost of health care is 19% lower than the national average, and the rates of violent crime and property crime are far below Michigan averages as well. The sales tax rate is 1.3% lower than than the national average, and the income tax rate is 0.3% lower. Finally, the Michigan government makes multiple tax exemptions available for senior citizens.
In addition to providing a list of the best assisted living facilities in Troy, MI, this guide provides an overview of the cost of assisted living in Troy, as well as average costs for other types of care. Additionally, find a list of free and low-cost services that provide seniors with a variety of assistance in their communities.
The Cost of Assisted Living in Troy, MI
Troy’s assisted living cost is barely below the Michigan average of $4,250, but a few hundred dollars less than the national average of $4,500. To the west in Grand Rapids seniors see a higher average price of $4,828 a month, and residents of state capital Lansing pay an average of $4,313 a month. One of the lowest costs is $3,400 in Battle Creek; one of the highest is $6,093 in Detroit’s close neighbor, Ann Arbor.
- Troy: $4,215
- Michigan: $4,250
- United States: $4,500
- Ann Arbor: $6,093
- Battle Creek: $3,400
- Grand Rapids: $4,828
- Lansing: $4,313
The Cost of Other Types of Care in Troy, MI
The least expensive option for senior care, adult day health care, averages $1,430 a month and is generally a supplement for other types of care. In-home care and home health care each average $5,720 1,500 more than assisted living. Nursing homes offer the highest level of medical support cost the most at an average of $8,882 a month for a semi-private room and $10,190 for a private room.
- Assisted Living Facility: $4,215
- In-Home Care: $5,720
- Home Health Care: $5,720
- Adult Day Health Care: $1,430
- Nursing Home Facility (semi-private room): $8,882
- Nursing Home Facility (private room): $10,190
Note: Data for Troy was unavailable, so data for the nearest city, Detroit, was used instead.