We live in an age where the well-being of older adults has been made a priority. They are no longer non-productive members of society as would be the case back in the day. Nowadays, numerous long-term care options exist to help elders to pursue their support, health, and wellness goals.
You can either choose to look after older relatives from home or move them to assisted living communities. On the same note, there are different factors to should consider before picking the right option for your loved one with cost being the most significant attribute. You should compare the assisted living cost in Guadalupe, TX versus the cost of home-based living to find out the ideal option for the area.
The Cost of Assisted Living
Averagely, the elderly have to spend about $3,500 per month on assisted living services. The median charge does not just apply to Texans but rather cuts across the entire country. That aside, the monthly payment for assisted living communities covers more than the cost of rooms or accommodations. Many other services and benefits come with it.
For instance, the residents of the center will not have to bear additional expenses for utilities. The monthly charge also takes care of medical services which are often rendered within the community. On top of that, the residents have free access to Wi-Fi, phone services, cable, and other amenities which is not the case for home-based living.
Elders in assisted living will not have to worry about property taxes, property maintenance, or garbage collection. All that is done by the assisted living community management. Again, residents have access to free day-to-day transportation. Other than that, the communities provide numerous amenities for their wellness besides enabling seamless socialization among residents.
The Cost of Home-Based Living
Home-based living is relatively expensive since other expenses related to utility bills, mortgage payments, and property taxes will be included in the costs of home-based care. These costs are accrued every month with the average cost of property taxes across the U.S. being $2,000 annually.
In the same vein, the median monthly mortgage payments stand at around $1,000. Essentially, that implies that the cost of living at home is high. Apart from clearing property taxes and monthly mortgage payments, older adults living at home also have to take care of their monthly utility expenses.
That includes garbage pickup, gas, water, and electricity. All these expenses can sum up to an average of $200 each month. The expenses will rise even further if elders have to access phone, cable, or Wi-Fi services. The cost of home-based living should also take the cost of home health assistants into account.
If elders require the services of home-based care providers, then they might have to part with $20-$30 hourly. This is considerably high when compared to the cost of the same services in assisted living communities. Other expenses that may be incurred in home-living situations include the cost of groceries, housekeeping services, transportation or fare, and medical services.
Final Verdict
Assisted living is a more worthwhile investment for older adults. The option guarantees stress-free living, timely support from caregivers, and more social interactions for residents at an affordable cost as compared to home-based living.
