If you know that you would benefit from a stair lift but you’re not sure if you can afford it, you are probably wondering, “How much does a stair lift cost?” Our answer is based on the thousands of stair lifts we’ve installed in clients’ homes.
Typically, a stair lift costs between $2,500-$5,000 including installation fees, for straight staircases, which are most common. Installation on spiral staircases can run as high as $10,000 or more depending on complexity.
Why can the price range so drastically? Keep reading to find out what factors can impact price so you can get a more accurate idea of what it might cost you.
Most Common Factors Impacting Installation Costs
Our least expensive installations are refurbished stair lift installations on straight staircases. Refurbished units can cost as much as $1,000-$1,500 less than brand new models but is subject to availability. If you already have a stair lift, you can save money on a new one by trading in your current one.
The most expensive installation is typically on curved staircases. This is due largely to the complexity involved, and the extra time required to double check and make sure the installation is stable and reliable.
The following charge breaks down common situations and the typical costs:
|Installation Type||Typical Cost|
|Straight staircase, refurbished unit:||$1,800-$2,500|
|Straight staircase, new unit:||$3,000-$5,000|
|Curved stairlift, indoors:||$10,000+|
|Outdoor stair lift:||$5,000+|
How Much Does It Cost To Maintain A Stair Lift?
Maintaining your stair lift is important to ensure your safety at all times. Plan to have a professional come and do a yearly inspection and maintenance, but of course contact a professional if you notice any changes in your stair lift that could impact your safety. Yearly inspections typically cost between $100-$200, depending on the complexity of the installation.
Since stair lifts are battery powered, plan for the occasional battery replacement. Batteries typically last 3-4 years under normal conditions. The cost to replace the batteries is between $75-$150, plus a service charge.
What About Medicare?
We often get the question, “Does Medicare cover stair lifts?” In short, the answer is No, it is not covered. There are other options to make getting a stair lift affordable, including opting for a refurbished unit, seeing if it would be partially covered under Medicaid, or applying for financing (we’ve partnered with OneMain Financial to offer this).
Would Renting A Stair Lift Save Me Money?
If your need for a stair lift is somewhat temporary, renting one could save you some money. Typically this runs between $125-175/mo with an initial service fee of $600. Over the course of a year or two, this typically costs as much or more than buying or financing one, so if you expect to need one more more than 12 months, then purchasing one may be your most cost-effective option.
Get A Custom Quote
When it comes down to it, the only way to get an accurate estimate on how much it would cost to install a stair lift in your home is to get a quote from a local professional. If you’re in the Lancaster County & York County region (Pennsylvania), contact us here at Independent Home Solutions by calling 717-393-8213 or by requesting a free in-home assessment. One of our experienced professionals will come into your home, take measurements and provide an estimate, and help you determine the most cost-effective solution.