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How Far Does Your Money Go in Atlanta?

By Michael Watson

Atlanta, Georgia, is known for a variety of things from the famous sports teams to its diverse musical heritage. It's loaded with amazing restaurants, malls, museums and parks. You'd expect a big city like Atlanta to be a costly place to live; however, it is very reasonably priced for a big city. Home prices and rent are a little high, but things like taxes, gas, food and utilities are cheaper than other places across the nation. If you are on a fixed-income, Atlanta is a great place to live. Here is a look at how far your money will go.

Nursing Home Costs

The average hospital stay in Atlanta is over $6,000 per day. No one wants to remain in the hospital. It's costly, uncomfortable, and depressing. Unfortunately, if you require extensive medical care a nursing home or rehabilitation facility may be unavoidable without a full-time caregiver.

Nursing homes are about $150 a day for a semi-private room and $175 a day for a private room. Insurance may cover the costs, but only if you are medically needed and have limited assets. If the anticipated nursing home stay is going to be greater than 100 days, you'll need long-term care coverage through your insurance provider. 

Assisted Living Costs

Assisted living facilities are an ideal alternative for people who want independence but need a little help. The lowest assisted living facility in Atlanta is $1,400 a month, and the highest is $4,350 a month. The average price is $2,800 per month. The cost includes care and all meals. The national average for a one-bedroom assisted living facility is significantly higher at $3,500 a month.

Home Care Costs

It's natural to want to remain in your home for as long as possible. The baby boomer generation is especially intent on avoiding nursing homes and assisted living facilities. An alternative is in-home care. Caregivers assist with daily living activities like bathing, grooming, dressing, toileting, housekeeping, meal preparation. They can even assist with laundry and transportation. The cost of a caregiver is about $18 an hour in Atlanta. 

For more information on home care near you, refer to our services. Our caregivers are more than happy to help you or a loved one get the care you need.