What is the cost of Dayton Assisted Living?
Let’s get those big numbers out of the way first. According to a 2013 study, “The Cost of Long Term Care” by Genworth Financial, the median monthly cost for assisted living communities in the Dayton area was $4,378 per month (for a one-bedroom unit). A short survey of some of our advertisers in the area showed costs ranging from a low of $2,400 to a high of $5,060.
Now let us explain what you’re getting for those dollars.
Looking beyond the dollar signs
Of course, your monthly rent covers your housing, with communities giving you a choice of apartment sizes and floor plans. But in addition to housing, that cost also covers utilities, transportation, three meals a day, housekeeping, 24-hour emergency response and personal care (help with bathing, dressing, toileting, etc.). Some communities may also provide laundry and cable for free. Depending on the community, they may monitor all of your medications as part of the package or charge you for over a certain number. Pretty much your whole life, right?
Communities generally also include a variety of onsite activities, such as movie nights, exercise classes and book clubs, but you’ll pay out of pocket for offsite activities like dining in town, visiting the Dayton Art Institute or the Boonshoft Museum of Discovery, going to a Dayton Dragons game or spending the day at SunWatch Indian Village. Onsite salons and barbershops also usually charge extra for their services.
Why the range of costs?
Like a typical apartment, your rent is based on the size and floor plan of your unit and the level of the building you’re on. But how much you pay in an assisted living community is also based on your level of care, which obviously can change. While some communities offer a fixed rate, so you won’t have to worry about your rent increasing as your health needs change, they’ll probably charge you extra for that stability.
An apartment mate—whether a spouse or friend—will also drive up your cost (but you’ll be splitting it!), as will offerings such as fitness centers and in-house therapists and even well-appointed lobbies and chandeliers in the common areas. And just as “location, location, location” affects any real estate, a simple change in where you’re looking at assisted living communities could save you hundreds each month.
So how do I choose?
You’d never choose a home by simply looking at websites and making a few phone calls, but in-person visits for this new home are even more critical. Tour a wide selection of communities and have each assess your needs to give you a specific price. Also, spend some time at each community and ask questions of the staff as well as talk to residents to get a feel for the place. When deciding on your new home, you certainly can’t ignore cost, but don’t forget your quality of life in the process.