Over the past few years, the cost of living in the United States has increased substantially, impacting families nationwide. With inflation affecting everything from housing to health care, families now face greater concerns about affording assisted living and memory care for loved ones.
As expenses rise in Georgia and everywhere else, the need for clear, accessible information about senior care costs becomes increasingly important.
The Timberley caregiving team is well aware of these challenges, and we’re committed to educating seniors and their loved ones about these costs.
According to the National Council on Aging, the average cost for an assisted living community in the U.S. is $4,500. Here in the Peach State, it’s slightly lower. Senior living communities like ours can be more affordable than those in other states.
What is the average cost of assisted living in Georgia?
The cost of assisted living in Georgia varies depending on location, services offered, and the level of support required. Monthly prices can be higher in more metropolitan areas, such as Atlanta. Smaller towns and rural areas tend to have more affordable options.
According to Genworth, the average Georgia cost of assisted living is approximately $4,120 per month, making it a significant but necessary expense for many families.
The Timberley is located in Acworth, GA, about 12 miles from Marietta and 35 miles from downtown Atlanta. Known for its historic downtown, Acworth offers a quaint, small-town atmosphere with convenient access to the amenities and attractions of those nearby metropolitan areas.
Pricing for Assisted Living in Acworth, GA
Acworth, located in Cobb County, offers a range of assisted living options with varying price points. The cost of assisted living in Acworth, GA, generally aligns with the state average of $4,120. Factors such as the facility’s amenities, level of care, and room type influence the pricing.
The Cost of Memory Care in Georgia
Memory care, designed for individuals with Alzheimer’s or other forms of dementia, typically costs more than standard assisted living due to the highly specialized care required. The cost of memory care in Georgia averages between $4,000 and $6,000 per month. This price range reflects the increased caregiver training, security measures, and personalized care plans needed for memory care residents.
Memory Care Costs in the Marietta Area
Marietta, also within Cobb County, offers a range of senior living options. Memory care costs in the Marietta area usually fall within the state average, with monthly prices ranging from $4,200 to $6,200.
Given the higher costs associated with memory care, families should explore various options and services provided to ensure high-quality care for their loved ones.
Cobb County memory care pricing averages about $4,200 to $6,500 per month. The higher end of this spectrum often includes more comprehensive care plans and enhanced amenities.
Financial Resources for Senior Care
The cost of Georgia assisted living and memory care may be higher than you expected. Fortunately, financial resources are available to help families manage these expenses.
- Long-Term Care Insurance: Long-term care insurance can be a valuable resource for covering the costs of assisted living and memory care. Policies vary, but many provide benefits that help pay for residential care services.
- Veterans Benefits: Veterans and their spouses may be eligible for benefits through the Department of Veterans Affairs (VA) that can help offset the cost of senior care. The Aid and Attendance Pension provides financial assistance to veterans who require assistance with daily activities.
- Life Insurance Policies: Some life insurance policies offer options to access benefits early to pay for long-term care.
- Personal Savings and Assets: For many families, personal savings, retirement funds, and assets like home equity provide resources for covering the cost of senior care. Selling or renting out a home can generate income to pay for assisted living or memory care.
- Reverse Mortgages: A reverse mortgage allows homeowners aged 62 and older to convert part of their home equity into cash without selling the home. That can provide a valuable source of income for covering the costs of assisted living or memory care.
Before proceeding, it is important to understand the terms and implications of a reverse mortgage and the other potential financial resources. Consult with a financial advisor to create a plan that meets your needs.
The Timberley Can Be the Best Senior Living Option
The cost of assisted living in Georgia might seem like a hurdle initially, but it can be more valuable than living at home. The cost of an in-home health aide in Georgia averages $5,148. When you add that to rent or mortgage payments, the total can be significantly more than the state average $4,120 monthly cost for assisted living.
Seniors get added value at our assisted living community as well. We include the following in the monthly fee:
- Comfortable apartments
- Personalized care plans
- Medication management
- Nutritious, delicious meals
- Routine check-ins
- Medical care coordination
- Third-party home health provider recommendations
- 24-hour team members
Keep in mind that our residents are freed from the burden of homeownership; they don’t have to clean, cook, or worry about replacing heaters or changing light bulbs. It’s like living at an all-inclusive resort—daily activities and social events are also included.
Memory Care
The Timberley offers a nurturing, supportive setting for families in the Atlanta and Marietta area seeking quality memory care. Our program delivers dedicated care for individuals with dementia or Alzheimer’s, with team members skilled in the latest memory care methods. Our welcoming atmosphere honors each resident and promotes their overall well-being.
We Can Explain Pricing for Assisted Living in Acworth, GA
Finding the right care for your loved ones is less stressful when pricing options become clear. The Timberley offers compassionate and comprehensive assisted living and memory care services tailored to meet the needs of each resident and can answer questions about paying for senior living.
Contact The Timberley in Acworth, GA, today to learn more about our community and how we can support your family’s journey in senior care.
