The Costs of Retirement Living in Quebec

What does the best retirement living in Quebec cost?

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Average costs of Quebec retirement homes

According the CMHC’s Senior Housing Report, the average rent for standard spaces in 2021 was $1,922, compared to $3,653 for heavy-care spaces. Rent for standard spaces increased in most regions province-wide, with an average increase of 4.2% overall. Gatineau retirement homes experienced the highest average rent, at $2,287; this area also has the highest vacancy rate, at 16.0%. Home care costs average between $25 and $75 an hour depending on the type and level of care.

17% of Quebec’s seniors aged 75 and over lived in seniors’ residences in 2021, a small decrease from 18.4% in 2020. That said, the vacancy rate rose to a peak of 12.8% in 2021 (driven heavily by the coronavirus pandemic), up from 6.9% in 2020 for standard spaces.

More so than other provinces, Quebec has a wide range in senior rental costs. Whether you’re looking at Quebec City, Gatineau, Sherbrooke, Trois-Rivieres, The Saguenay, or Montreal the rent and what’s included in that rent will vary greatly. For this reason it is really important to contact the retirement communities and home care services in your area for specifics about monthly rent and what services and amenities are included in that rent.

Worried about outliving your retirement savings? Download our Reduce Your Financial Risk Tool for free financial tips and advice 

Types of retirement living in Quebec

Quebec is a beautiful province filled with friendly people with strong cultural roots. If you’re looking to retire in Quebec then you are probably wondering about the cost of active adultindependentassisted and long-term care communities. Home care services are popular in Quebec, as many seniors are opting to remain in their home for as long as possible. Each retirement option offers different levels of care and services, which has a huge affect on the overall cost.

It’s important to understand your needs, level of care, and the types of amenities and services included in the cost of the retirement living option you are considering. Once you know this information, try our advanced search to help you narrow down your choices.

Take Comfort: retirement home reviews
Consult retirement home reviews to hear how people feel about the value they are getting for the costs they are paying. 

How am I going to pay for this?

Comfort Life provides an overview of how Canadians afford to pay for senior care.  For more information about tax credits, support and subsidies for seniors in Quebec visit these resources and associations:

Canada Revenue Agency

The Association des Résidences et CHSLD Privés du Québec (ARCPQ)

The Canadian Home Care Association

For information on budgeting and financial tips read Easing Your Financial Stress

 

 

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Chartwell Appartements de Bordeaux  

2142, chemin Saint-Louis, Quebec, Quebec, G1T 1P7

A safe and rewarding lifestyle in a Qubec seniors housing community you're proud to call home.

Lifestyle Options: Independent Living



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