When you or a loved one is considering a move to a senior living community, untangling how it will work can be challenging. When skilled nursing care is needed, often, health insurance may cover some of those costs. However, insurance may or may not cover certain things for those who require assisted living to help with their daily care. Many people rely on funding from various sources when paying for senior living.
What are the costs of senior living in Dallas, Texas? Using an affordability calculator for senior living in Dallas can help you and your family understand what you can afford and how it is all going to work.
What Are the Costs of Senior Living in Dallas, Texas?
When paying for senior living, the cost is a significant factor in choosing a residence and care level. Since it is a central metropolitan area, Dallas has many amenities and benefits. The costs of living, however, are relatively affordable. Even compared to other cities in Texas, the rating of Dallas is only slightly higher than the national average when it comes to the cost of living. How much it will cost per month for senior living in Dallas depends mainly on what type of care is needed, but it can average between $3000 and $5000 per month.
Many people are concerned about the cost of senior living, but here are some facts that may surprise you:
- On average, senior living costs are less than daily home health care.
- The up-front monthly cost might seem expensive, but senior living usually includes all the little expenses associated with a home—such as food, utilities, cleaning, and maintenance.
- Safety and access to help can be expensive to manage at home but are included in senior living communities.
There is also the reality that some seniors may not have family members to care for them but no longer feel safe living alone. Senior living communities welcome seniors like this with open arms.
Benefits of Senior Living
Here are some of the most important reasons to consider moving to senior living:
- Good nutrition without having to worry about cooking
- Letting someone else do the heavy cleaning
- Help with daily living tasks such as showering, bathing, and getting to appointments
- Socializing and activities
- Knowing that someone is always there if you or your loved one needs help
It is usual for seniors to be hesitant to move away from their homes, but senior living communities can be highly beneficial.
How Senior Living Can Be Financed
Most people use a combination of public and private sources to pay for their senior living expenses. Medicare does not pay for costs associated with long-term care, requiring most people to need either Medicaid or separate long-term care insurance. There are many other ways that people can pay for senior living, including VA benefits, the sale of a home, personal savings, annuities, and different types of arrangements. It can be complicated to work everything out, so consulting someone from the senior community you are interested in joining can be helpful. Often, staff can offer ideas or know of resources that you and your family may not have known about that can help you or your loved one get the care they need at a price they can afford.
Find a Senior Living Community in Dallas, Texas, at Ventana
Our senior community in Dallas provides a wide range of care for our members, from those in independent living to those who need a little extra help, all the way to skilled nursing or memory care. Contact Ventana today at 214.225.6197 and let one of our caring and highly knowledgeable staff members discuss what we can do for your family. If you or someone you care about has been considering moving to senior living, get in touch and schedule a tour today.