Within the state of Mississippi, approximately 14% of the population are aged 65 or older. When older adults aged 55 and over begin to think about retirement, they will often consider independent living or retirement community options. The state of Mississippi, overall, has a low cost of living, low tax burden, and mild winters. The state becomes an attractive place for retirement for seniors who are still active and want to live independently. For example, some of the independent living options within the state include one bedroom apartments, condos, or townhomes. The average cost of retirement or independent living in the state is approximately $1,900 per month. However, this may change depending on the type of living and amenities offered. Independent living or housing is best for retirees or seniors who are active and require little help with activities of daily life. When retirement comes, there is a want to downsize living and make things more manageable.
Along with independent living in the state are assisted living facilities. The Department of Health, Division of Health Facilities Licensure and Certification licenses two types of personal care homes, which are assisted living and residential living. When choosing the proper type of assisted living, the family would have to take into consideration the level of care required. Assisted living facilities in Mississippi is for seniors who are still active, but need assistance with activities of daily life. For example, this would include medical supervision or even nursing care within nursing homes. Other types of support involve cooking, cleaning, laundry, and transportation. The cost of assisted living or residential living within the state is approximately $2,700 per month.