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How Far Does Your Money Go in Galesburg?

By Michael Watson

Seniors have a unique challenge of living on a fixed income. Most seniors will end up living on the money they have saved from their retirement accounts and from other fixed sources of income such as social security or pension checks.

As healthcare costs continue to rise, seniors, have to try to make the most of every dollar they have coming in knowing the cost of care is important. This ensures that the amount of money that a senior has will last them throughout their remaining years. Here's a look at the cost of care in Galesburg, IL. 

Cost of Living in Galesburg

Galesburg is a city located in Knox County, Illinois, which has a population of about 32,000 residents. Galesburg is home to Knox College as well as plenty of historic areas such as the Galesburg Historic District. Galesburg is also tied to the railroad industry and this town is where the railroads that connect Illinois two biggest cities in Illinois and Quincy came from.

Galesburg is 6% lower than the national average. This means that Galesburg allows your money to go a bit further than the average US city.

Assisted Living Costs

If you are looking for an assisted living facility in Galesburg, you will pay about $3,500. However, there are facilities that are priced as affordable as $1,800/month and others priced as high as $5,000. It largely depends on the amenities you desire and the needs that you must have filled. The location you are looking to live in will also help determine the price.

Nursing Home Costs

If you are looking to stay in a nursing facility, you will be paying a bit more for the average living accommodations. The average semi-private room in a nursing facility will cost about $4,800/month or about $160/day. If you are looking for a totally private room be prepared to shell out a bit more to the tune of about $5,250/month or about $175/day.

Home Care Costs

If you are one that is balking at those aforementioned prices to live in an assisted living or nursing facility a great alternative to consider is a home caregiver. The caregiver will allow you to continue living your life in the comfort and familiarity of your own home. You won't even have to break your own routine to have them help you with your daily household chores or weekly errands.

A caregiver in the Galesburg area can be hired for about $23/hour. That means that you can a part-time caregiver for 20 hours a week for about $460/week or about $1,840 per month, which is only a fraction of the price of a full-time private room in a nursing facility.

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.