What speaks against bungalows?
When they get big, they become foolish.
A bungalow for 2 elderly people is okay. If the thing is supposed to get big, you rarely get a smart floor plan. Many long, narrow, dark corridors. Lack of zoning, long walking distances.
And yes, it is generally more expensive than a 1.5-story house (possibly also your alternative, besides two full stories). You save a staircase, but instead you have more foundation/slab/steel/earthwork, a more complex roof. Land area also has a price, please don't forget.
If you want barrier-free access for the day that may never come, plan a straight staircase. A chairlift costs 3-4K €, and then you don't have to necessarily build on one level. Or an option for a partition on the ground floor to be able to sleep there as well, guest WC then with a shower and wide enough.