Known as a portion of the “rust belt,” Buffalo is the second biggest city in the state of New York. There are many people who love the Buffalo community and who have built their life here. At some point in time, however, many people decide that they can no longer live alone. For those who will require medical services or help, a nursing home setting is going to be ideal. However, for seniors who wish to remain independent and enjoy a bit of help from trained, professional staff, assisted living is the best option.
Assisted living offers a number of services/amenities, which include:
Emergency response services Help with daily activities such as dressing, eating, grooming, etc. Medication help and reminders Transportation and meal services
Getting to know a bit more about the landscape of assisted living in Buffalo can help you determine if this is the right option for your particular needs.
Buffalo has a population of 258,703 with 11.4 percent of these people being over the age of 65.
By the year 2020, it is estimated that the number of people over the age of 60 will reach 22.2%, and by 2050 it will reach 25%.
Buffalo, New York is the third oldest city in the United States.
While the number of seniors in the Buffalo community are increasing steadily, the total population has fallen by 10% since the year 2000.
Buffalo, New York is a thriving community, but the cost of assisted living care is still quite high. In fact, you can expect to pay, on average, $4,265 per month for this type of location. However, the cost can fluctuate based on the type of facility chosen and the amenities it offers. The cost ranges from $3,350 to $7,830 per month. Annually, the cost is around $51,180, which is higher than the national average of $42,200 and the state average of $49,200 annually.
The five year annual growth is expected to be three percent for this area. Due to these high costs and the fact that the cost is going to continue to increase are why you should begin planning your retirement now.
No two assisted living facilities are created equal. No two seniors will have the same needs either. This is why it is so important to consider the options carefully to find a location that best suits the needs the person has. Some factors to consider include:
What level of care and support is provided?
Does the facility offer the option for additional service or support in the future?
What is included in the base cost of the assisted living location?
How many meals are included in the base cost, if any?
Getting to know a bit about the location being considered can be quite beneficial and help a senior with the decision making process.
When moving to an assisted living community, it may seem like there is no way to save money; however, with a few tips this is possible. One way to save money is to ask for help from family and friends. For example, if you don’t have to pay for transportation and laundry, you may be able to save money each month. Also, consider taking on a roommate to split the cost of the location.
While assisted living facilities are one of the most affordable options in regard to monthly expenses, they are still quite costly, which causes many families to experience financial strain. A family can expect to pay anywhere from $1500 to $5000 per month, based on the facility selected.
If a family finds that the costs are too high, they should use one of the methods of assistance to pay for this that are highlighted here.
In some cases, a senior in Buffalo will be able to qualify for Medicaid assistance. While assisted living is not always covered by Medicaid, there are often waivers that can be used to help offset some of the associated costs.
People who are veterans and their spouses can benefit from funds and assistance from the Department of Veterans Affairs. The Eligibility for this vary but the benefits that are provided can be quite significant. It is a good idea to speak with a professional to determine a person’s qualification.
If a senior has long-term care insurance, then the coverage can be used to pay for the assisted living facility that has been chosen. It is important to purchase this policy long before it is actually going to be needed in order to be able to use it for care.
Find assisted living in Buffalo near you.