Retirement woes continue to haunt Americans as the cost of living continues to increase. From paying for medical insurance to paying the bills, retirement continues to be a sticky subject in America. Another major concern for many citizens is finding an affordable retirement home to live in. While many retirement homes are priced to meet the needs of financially-strained retirees, others boast prices and amenities that are simply off the chart in terms of luxury and cost. With the wide range of prices and options available, one must argue the question: Do you have to pay a lot of money to be satisfied with your experience in a retirement home? Here is a look at two of the most expensive and three examples of affordable retirement homes in the United States for an in-depth comparison of whether you really need to pay a lot of money for a quality retirement experience.

SEE: The Complete Guide To Retirement Planning For 50-Somethings

Two of the Most Expensive Retirement Homes in the U.S.
Vi at La Jolla Village
A retirement home that certainly offers retirees a piece of the luxury is Vi at La Jolla Village in San Diego. Vi at La Jolla Village provides spacious floor plans available from one bedroom to three bedrooms. Some standard features of the homes include an emergency call system, expanded digital cable television, patio or balcony, and spacious closets. Additionally, Vi at La Jolla Village provides 24 hour valet parking services, weekly housekeeping, healthy dining options and Phillips Lifeline alert system in each unit. All this luxury has quite a price tag attached to it. Entrance fees start at $225,200 and max out at $753,700, while monthly costs can range from $2,720 to $4,440.

SEE: Finding A Retirement-Friendly State

Valencia Shores
Another amazing example of a retirement community that offers up luxury and relaxation with a steep price tag is Valencia Shores in Lake Worth, Fla. Some of the impressive amenities that Valencia Shores offers include a full-scale athletic club with fitness center, tennis courts, whirlpool spa, and full-service hair and nail salon. Valencia Shores has a broad selection of homes available, each massive in size and with all the modern amenities you could ask for. List prices start at $239,000 and max out at $625,000.

Three of the Most Affordable Retirement Homes in the U.S.
American House
American House in Dearborn Heights, Mich. is one great example of an affordable retirement home that is looking out for the cash-strapped retiree. American House offers a variety of floor plans up to two bedrooms, and offers a hearty helping of comfort with amenities such as an emergency response system, month-to-month leases and weekly housekeeping. American House offers many programs that help save tenants money on living costs, including programs for veterans and low-income seniors.

SEE: Will Your Retirement Income Be Enough?

Atria Kennebunk
Located in Kennebunk, Maine, Atria Kennebunk is an affordable retirement home with much to offer seniors. Amenities include a very active social community, beautiful interior and scenery, emergency call system in every unit, and concierge. Atria Kennebunk determines cost based on your income and has programs available to work with low-income retirees.

Meadowood in Worcester, Pa. is another affordable retirement home that offers tenants considerable bang for their buck. Housing options include spacious apartments or carriage homes and some of the attractive amenities include an expansive library, fitness room and pool. Best of all, Meadowood has a broad range of financial options available to tenants, making Meadowood an easy choice for any budget.

SEE: Will You Have To Delay Your Retirement?

The Bottom Line
While luxurious, high-end retirement communities can offer the best life has to offer due to high tenant costs, affordable options have much to offer the cash-strapped retiree as well. Retirement is not typically a time where citizens have little or no financial concerns. That is why it is important to select a retirement community that is within your budget. While many citizens would love to live in a luxurious retirement community, opting for an affordable retirement home is likely to be the more sensible option.

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