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Caring Senior Service of Raleigh

Caring Senior Service of Raleigh Blog

Providing senior in-home care tips and stories for everything related to senior care.

How Far Does Your Money Go in Raleigh?

Posted by Michelle Cemental on Oct 2, 2018 2:06:00 PM

Senior couple reviewing finances

The cost of living in Raleigh, NC, can be difficult for seniors to keep up with, especially when they find themselves on a fixed income. As seniors age, they often find themselves in need of additional help for daily activities that were once easy. However, senior care may be more expensive than some seniors budgeted for. Let's take a look at how far your money goes toward senior care in Raleigh. 

Assisted Living 

Seniors often are confronted with the decision of staying in their own homes or moving to an assisted living facility. In Raleigh, the average stay for an assisted living facility starts at $1,100 per month, but for some facilities, $4,260 a month is typical. The average cost is right around $2,000 per month for seniors who may only need additional help during the day.

Nursing Homes

Nursing homes may also be a consideration for some seniors, especially those who need 24/7 care. However, the average cost for a nursing home stay begins at $175 a day, which ends up being $5,250 each month. However, accommodations for private rooms can reach $195 a day in this area, which results in $5,850 per month. 

In-Home Care

Many seniors do not need to move out of their homes just yet. They simply need additional care on a daily basis. A great solution is a caregiver or home health aide. The average cost for home health aids in Raleigh is $19 an hour. Since seniors often only need help a couple of hours a day, choosing a caregiver or home health aide who will come to their home is the optimal choice for senior care. And it can end up saving you thousands each month. 

Learn more on affording long-term care, what your care options are, and how to navigate the road toward excellent care with your family. Get your free comprehensive guide to long-term care.

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Michelle Cemental Blog Author

Topics: Finances, Long-Term Care

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