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How Far Does Your Money Go in Victoria, TX?

By Alyssa Ball

When you are a senior and only have a fixed income to work with, it's important to make each penny go as far as it possibly can. If you are living in Victoria, Texas, it's always good to know what the going rates for the level of living assistance you need.

As the cost of long-term health care continues to rise, planning out what you are going to need to and what that will cost becomes increasingly important. This ensures that your money lasts long as it needs to. 

Cost of Living in Victoria

Texas is known for having a lower cost of living than the rest of the United States. And Victoria, TX, has an even lower cost of living than the state of Texas. That means seniors can get homes, amenities, and other goods for cheaper, allowing them to save their pennies for long-term care. 

Assisted Living Costs

If you live in Victoria, Texas, you can expect to pay about $2,770/month to live in the average assisted living facility. However, some facilities in the area have been shown to be priced as low as $1,450 but could also be as high as $4,500 per month. 

Nursing Home Costs

On the other hand, if you need a nursing facility, you will be paying a lot more for more intensive care. The average semi-private room will run about $3,750/month or about $125/day. A fully-private room in a nursing home will run about $5,100 or about $170/day. 

Home Care Costs

In many cases, caregivers can be a much more affordable alternative for those who cannot afford to pay $2,500 or more per month to stay in an assisted living or nursing facility. Caregivers can help you with groceries, errands, laundry, meal preparation, and more. A caregiver can be hired in Victoria, TX for about $18/hour.

This means that you could have extra assistance for 20 hours per week for $18/hour for $360/week or about $1,440/month versus the $2,500/month you would pay to live in a full-time residence elsewhere.

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.