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Caring Senior Service of Amarillo

Caring Senior Service of Amarillo Blog

Providing senior in-home care tips and stories for everything related to senior care.

How Far Does Your Money Go in Amarillo?

Posted by Michelle Cemental on Oct 2, 2018 3:04:00 PM

Senior couple reviewing finances

Amarillo is the largest city in the Texas panhandle. The cost of living in Amarillo is much lower than other cities in the United States. The average home is priced at about $122,000, which is about $60,000 less than the majority of cities in Texas. If you have family there—especially your parents or grandparents—you may wonder about the cost of certain living expenses. No one ever wants to think about loved ones requiring specialized care or living assistance. However, it's important to do your research so you are informed and aware if the situation ever arises. Here are some numbers (according to the American Association for Long-Term Care Insurance) to let you know how far money goes in Amarillo.

Basic Expenses 

A furnished studio rents for about $690 a month in Amarillo. A gallon of gas is about $2.10. Heating expenses, including electric and gas, run about $168 a month. The prices to live in Amarillo are lower than other places across the US, but the average salary is on par with the rest of the country at $43,100 a year. 

Home Health Aides and Private Home Care

When seniors need medical help but can still remain at home and do most of their daily activities, in-home care may be an option. Licensed health care providers will come over to change wound dressings, administer medication, set up medical equipment, monitor vitals, and more. The average hourly rate for the service is $18 in Amarillo.

A caregiver is an option for someone that just requires a little help with daily activities instead of medical care. Caregivers can assist with things like meals, transportation, housekeeping, and laundry. The average cost is $16 to $18 for a private caregiver in Amarillo. At Caring Senior Service, our expert staff is comprised of extremely knowledgeable, friendly, and trusted professionals who take pride in helping your loved one manage their daily activities.

Assisted Living Facilities 

An assisted living facility is for seniors who can no longer live independently at home. They are ideal for seniors without extensive medical needs. Residents receive assistance with getting dressed, bathing, eating, etc. Additionally, assisted living facilities typically offer various activities to encourage socializing. The average cost of the lowest priced assisted living facilities in Amarillo is $1,450 a month. The highest price you will find for a facility within the city is $4,500 a month. Most are priced around $2,200 a month.  

Nursing Homes

If a senior needs skilled medical care, monitoring, and assistance with most daily activities, a nursing home may be needed. The level of medical care offered in a nursing home is much higher than an assisted living facility. Because care is extensive, costs are often high. You can expect to pay $125 a day for a semi-private nursing home room, or $45,625 a year. The national average is much higher at $225 a day or $82,125 a year, so costs in Amarillo are significantly lower. A private room runs an extra $10 to 20 a day. It's priced by the day because insurance companies typically only pay for a specific number of days. Once 100 days are reached, it's considered long-term care and the rules for coverage change. 

Learn more on affording long-term care, what your care options are, and how to navigate the road toward excellent care with your family. Get your free comprehensive guide to long-term care.

Quick and easy guide to long-term care - Download NowMichelle Cemental Blog Author

Topics: Home Care, Long-Term Care, Finances

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