read

How Far Does Your Money Go in San Diego?

By Alyssa Ball

Many seniors face the unique challenge of living on a strict income in a world where the costs of living are constantly rising. This means that seniors have to learn how to handle their money frugally to make it stretch as far as possible. Social security and pension checks only go so far and when assisted living or nursing homes costs are brought into the mix.

Let's take a look at the cost of living and the costs of long-term care in San Diego, California. 

Cost of Living in San Diego

Considering that the average cost of living in San Diego is 44% higher than the national average, seniors living here may have a hard time making ends meet. That means it's more important for seniors living here to carefully consider where each dollar is spent. 

Assisted Living Costs

If you live in San Diego, CA, you can expect an average $2,750/month to live in an assisted living facility. However, facilities in the area have been said to run as low as $1,350/month or high as $5,800/month. 

Nursing Home Costs

If you are looking at a nursing home, you are going to be looking to pay about $5,400/month for a semi-private room or about $180/day. However, if you are looking for a private room in a nursing home, you will be paying about $6,600 per month or about $220/day. 

Home Care Costs

If it's a possible living arrangement, consider hiring a caregiver to assist you with daily living tasks such as housework and running errands. The typical in-home caregiver in San Diego is hired for about $24/hour. This means that you could hire a home health aide for 20 hours per week for about $480/week or about $1,920/month versus paying about $2,750 or more for a full-time assisted living 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.