When the need for assisted living arises, the immediate concern often revolves around how to afford it. The transition to a senior community can feel unsettling at first, but with the right information, you can make the best choice for your family.
In Aiken, SC, the Cumberland Hills Assisted Living team empathizes with how this feels. We help families understand average costs, what they include, and potential senior financial solutions.
Also good to know: If you’re researching assisted living communities in South Carolina, our state averages less than North Carolina, Tennessee, and even Florida.
What Does the Average Cost of Assisted Living in South Carolina Include?
According to Genworth, the average cost of assisted living in South Carolina is $4,650. This source puts Aiken, SC in the Augusta, GA, area — the average here is slightly higher at $4,748. While those numbers might seem surprising, it’s important to understand what a monthly assisted living fee covers. Residents receive much more than a roof over their heads and meals.
In most communities, the fee includes features that add significant value for residents:
- Accommodation: A private or shared room tailored to your loved one’s needs.
- Meals: Nutritious and balanced meals are provided three times a day, often with snacks in between.
- Personal Care: Assistance with daily activities like bathing, dressing, and grooming.
- Housekeeping and Laundry: Regular cleaning and linen services.
- Medical Services: Medication management and other health-related services.
- Social Activities: A variety of programs and events aimed at keeping residents engaged and active.
Knowing what to expect helps justify the costs and ensures that your loved one receives comprehensive care.
Senior Financial Solutions: How to Afford Assisted Living in South Carolina
There are several strategies for funding the cost of assisted living:
- Long-Term Care Insurance: If your loved one has a long-term care insurance policy, it can significantly offset the costs associated with assisted living.
- Veterans Benefits: Veterans and their surviving spouses may qualify for financial assistance through programs such as Aid and Attendance.
- Selling or Renting Property: Many seniors own homes they can sell or rent to generate income. That can provide the necessary funds to cover monthly expenses without depleting savings.
- Reverse Mortgage: A reverse mortgage allows seniors to convert part of their home equity into cash. That can be a viable option for those who wish to retain ownership of their home while receiving a steady income stream.
- Family Contributions: Pooling resources with family members can also help manage costs. Siblings and other relatives might be willing to contribute financially to ensure that a loved one can afford quality care.
- Savings and Investments: Drawing from retirement savings, IRAs, or other investments can provide the needed funds.
- State Assistance Programs: Various state programs offer financial assistance to seniors.
These funding sources may help cover some of the costs associated with assisted living, easing the financial burden. If you need assistance with managing senior finances, an experienced professional can tailor a plan to meet your needs.
Introducing Cumberland Hills Assisted Living
Located in the heart of Aiken, Cumberland Hills Assisted Living was voted Best Assisted Living in Aiken, SC, by the Aiken Standard. Our support services and on-site perks help seniors maintain their independence and pursue their passions.
Our Services and Amenities
At Cumberland Hills, we create a nurturing atmosphere where residents feel at home. Our services include:
- Comfortable Living Spaces: Spacious, accessible apartments with four floor plans.
- Dining Excellence: Delicious meals crafted by our culinary team, catering to various dietary requirements.
- Personalized Care: Tailored support for each resident’s unique needs and preferences.
- Wellness Programs: Activities promoting physical, mental, and emotional well-being.
- Community Engagement: Events and social gatherings that build connections among residents.
We realize that this can be a life-changing experience and can guide you through the process with compassion and professional guidance. Our commitment to quality care ensures your loved one will receive the support they need and enjoy a fulfilling, active lifestyle.
Make the Best Choice for Your Loved One Today
Choosing the right assisted living community is a significant decision, and Cumberland Hills Assisted Living can make that choice easier for you. Our dedicated team, comprehensive services, and award-winning care provide peace of mind for you and a supportive home for your loved one.
Take the first step towards a brighter future for your loved one. Contact us to learn more about how Cumberland Hills can meet your family’s needs and schedule a tour of our community.
