Ohio’s assisted living costs rank 14th in nation as population ages

CLEVELAND, Ohio — If you’ve had the chance to spend time with your family over the holidays, you may have found yourself taking a closer look at how your older relatives are doing.

If you’ve seen signs that an older loved one is slowing down, you may also have wondered if it was still safe for them to live alone, or if they would benefit from a little help with these. daily tasks and the integrated companionship of an assisted living facility.

Ohio is on its way to becoming one of the few states — mostly in the Midwest and Northeast — with more residents age 60 or older than people under age 20.

Assisted living facilities traditionally see an increase in occupancy rates each January, but before you talk to your older family members about the possibility of moving, you might want to consider a new study by seniorly.comwho found that Ohio ranks 14th in the nation as one of the most expensive states for assisted living.

Ohio seniors can expect to pay the state an average of $4,432 a month 774 assisted living facilities.

Nationally, the average monthly rent in assisted living facilities is $4,057 per month. New Jersey had the most expensive assisted living communities in the nation with an average monthly tab of $5,893, while Georgia had the least expensive communities with monthly rent around $3,000 per month.

According to the study, an Ohio resident needs to save 7.5% of their income annually for 12.5 years — based on the state’s median income of $56,602 — to afford a single year. life support.

What are the costs of assisted living in other states?

Courtesy seniorly.com

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