Updated August 7, 2025 | Lisbeth Cano
If your aging parent is struggling with stairs, a stairlift can be a life-changing upgrade. It makes moving between floors safer — and helps them stay independent in their own home.
But before installing one, it's important to understand the full cost.
This guide breaks down stairlift pricing, installation fees, and financial assistance options to help you plan ahead.
The biggest factor in stairlift pricing is the type of lift your parent needs. Each type fits a different staircase layout.
Learn more in Curved vs Straight Stairlifts
The full cost of a stairlift includes more than just the chair — installation, maintenance, and extra features all add up.
“The cost of a staircase chair lift can be anywhere from $2,200 to $20,000 for the product itself.” — AARP1
| Type | Typical Equipment Cost |
|---|---|
| Straight | $2,500–$5,000 |
| Curved | $8,000–$12,000+ |
| Platform | $10,000–$20,000+ |
Most stairlifts require professional installation.
“For most people, installing a chair lift is not a DIY project.” — AARP1
Even after installation, you’ll want to budget for maintenance:
If a stairlift doesn’t meet your parent’s needs or budget, there are alternatives.
| Elevator Type | Estimated Cost |
|---|---|
| In-home elevator | $20,000+ |
| Vacuum elevator | $35,000–$100,000 |
| Prepping during build | $4,000 (rough-in only) |
Here are the biggest cost drivers to consider:
Need a bigger picture of your setup? Explore Home Modifications
You may not have to pay everything out of pocket. There are programs that can help reduce costs.
Medicare: Typically does not cover stairlifts
➤ Does Medicare Cover Stairlifts?
Medicaid Waivers: May help with home modifications
➤ Medicaid and Long-Term Care
Veterans Benefits: VA grants may cover part or all of the cost
Long-Term Care Insurance: Some policies reimburse mobility aids
Local Agencies: Some states and nonprofits offer stairlift grants or low-interest loans
Many stairlift companies offer:
Tip: Always get 2–3 quotes and ask about financing or used inventory.
The upfront cost may seem high, but the benefits are hard to ignore:
Reduces Fall Risk: Especially important for seniors with balance issues
➤ Fall Proofing Home
Supports Independence: Keeps your parent in their home longer
Adds Peace of Mind: Fewer stairs means fewer worries
“You don’t want to risk having a fall and being unable to get help.” — Dr. Warren Wong
Understanding stairlift costs helps you plan with confidence.
Straight lifts are often affordable and fast to install. Curved and platform lifts offer full-home access, but at a higher price. Financial aid and used equipment can help lower the burden.
And in the end, investing in safety and independence is almost always worth it.
➤ Learn more about Independent Living
➤ Return to Stairlift Guide Hub
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Meet the author: Lisbeth Cano earned her medical degree from Universidad de Iberoamérica in Costa Rica and worked as a doctor before becoming a clinical researcher. She now focuses on senior care, writing evidence-based guides for SeniorCanvas.com to help families make safer, smarter decisions for aging parents.