Women have always been the heart and soul of the home. We bring family and community together, creating spaces filled with love and warmth. Today, more than ever, our role is paramount as we redefine what it means to age and live well. We need new community models to support us through these changes. With rents rising, even outside the priciest cities like New York and San Francisco, it can be tough to find an affordable place to call home. Sadly, there’s no sign that this trend will ease up soon—median monthly rents in the US have been climbing steadily over the past five years. Gone are the days when finding a roommate was just for young folks in their 20s. Now, more older adults across the U.S. are turning to shared living arrangements as they age, with baby boomers and Gen Xers moving in with roommates.
Financial Benefits
Shared Expenses
Co-living lets women split the costs of rent and utilities, lightening the financial load for everyone. Particularly in urban areas where rent can be sky-high. By pooling resources, women can afford to live in nicer neighborhoods and more comfortable homes than they could on their own. This shared approach can be a financial lifesaver, especially for those with retirement on the horizon.
Maintenance and Repairs
Sharing a home also means sharing the costs and responsibilities of maintenance and repairs, making it easier to handle those unexpected expenses. This collaborative approach to home upkeep can ease the stress and financial strain of maintaining a household solo.
Social and Emotional Benefits
Combatting Loneliness
Co-living provides a built-in social network, reducing feelings of loneliness and isolation that can often accompany living alone. Social isolation can be harmful to both physical and mental health. The companionship of friends or housemates can alleviate these feelings, promoting overall well-being.
Mutual Support
Having housemates means there’s always someone there to help in case of emergencies or during times of illness, offering a sense of security and peace of mind. This mutual support system can be invaluable, especially for those who might otherwise feel vulnerable living alone.
Perch Houses
Perch Houses is a co-living service that connects women 55+ with compatible housemates to provide affordable luxury housing and companionship. By fostering a community-focused approach, Perch Houses ensures that residents not only save money but also gain a supportive and enriching living environment.
Co-living offers a practical solution for single women 55 and older, addressing both financial and social needs while fostering a sense of community and belonging. As we continue to redefine aging and living, co-living stands out as a wonderful and rewarding option for many.
