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How Far Does Your Money Go in Fremont?

By Michael Watson

Many seniors find themselves on a fixed monthly budget with limited incomes. This can make planning their long-term care challenging as they find costs consistently continuing to rise. Understanding the costs of your long-term care is important. This ensures that when you are planning your long-term care, you are ensuring that your money stretches far enough to lasts for your entire life expectancy.

Let's take a look at how far your money will go in Fremont, Nebraska. 

Cost of Living in Fremont

Fremont is a city located in Dodge County, Nebraska, and has a population of just over 26,000 residents. Fremont is also a college town as it is home to the notorious Midland University. T

The cost of living in Fremont is also a bit lower than the national average and lower than the average cost of living in Nebraska. That makes this city a great place for seniors to age in place.

Assisted Living Costs

If you are looking for an assisted living home in Fremont the average facility will cost you about $2,850 per month. However, some facilities have been seen to be inexpensive as $1,575/month and expensive as $4,350/month, depending on the amenities and conveniences you are looking for.

Nursing Home Costs

If you are looking for more assistance and need a nursing facility, you will be looking at paying about $3,750 per month for a semi-private room, which is equal to about $125/day. If you want a private room, it will run you about $4,650 per month or $155/day.

Home Care Costs

If those prices make is enough to make you balk, then you might consider hiring a caregiver to help you with your household chores and daily living activities. Moreover, you can have a caregiver take care of you right in the comfort of your own home rather than you having to move somewhere unfamiliar.

If you were to hire a part-time caregiver for 20 hours per week at the local rate of $19/hour, you are looking at paying about $380 per week or about $1,520/month, which is about half of the $2,850 that a full-time assisted living facility would cost.

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.