How Far Does Your Money Go in Canton?

Senior couple reviewing finances

 

Canton, Ohio, is a city well-known to football fans. It's a fun city that takes prides in the classics, but still emphasizes creativity. You'll find historic museums and car shows to be the norm. If you or a loved one lives in or is considering moving to Canton, you'll likely want to know her far the dollar goes there.

Cost of Living in Canton

Compared to other places in the United States, the cost of living in Canton is below the national average. The median home price is $89,300, while the median average of homes in the U.S. is more than double that price — $216,200. The average household income in Canton is currently $28,730.

If your mother, father or grandparents are living in Canton and need help with daily living activities, you may find yourself wondering what the cost of assisted living, nursing homes and private aid run there. Here are some numbers for you.

Assisted Living Costs

Assisted living facilities are for alternative housing options for people who don't need the extensive nursing and medical care offered by a nursing home, but still need assistance with things like bathing, dressing, toileting, etc. These facilities are cheaper than nursing homes, but not always fully covered by insurance. In Canton, Ohio, the lowest assisted living facilities are $2,080 a month and the highest are $5,100. The average cost across the city is much closer to the lowest priced facilities at $2,850.

Nursing Home Costs

Nursing homes offer care to people who don't need to be hospitalized, but can't be cared for at home because of their physical or mental needs resulting from a disability. Medicare will cover skilled nursing facilities, but only if certain provisions are met and only for 100 days. The average nursing home stay is over 800 days. In order for Medicaid to cover nursing home costs, your loved one must have very limited assets. The average semi-private nursing home in Canton is $190 a day, which amounts to $69,350 for a year. If your loved one does not want a roommate and opts for a private room, that will run $215 a day or $78,475 a year. 

Home Care Costs

An alternative to nursing homes or assisted living facilities is home care. The average hourly cost of a caregiver is $19 an hour in Canton. These caregivers can assist with transportation to doctor's appointments, preparing meals, housekeeping, and making sure your loved one gets adequate exercise. The average cost is between $16 and $18 an hour for this type of service in Canton. 

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. 

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