As you consider getting the best elderly care for your ageing parents, one of the most crucial queries becomes what the old age home cost per month is. However, the answer cannot be straight-cut. There are multiple factors influencing the cost of geriatric care.
However, the good news is that these factors allow for service customisation and budget control. Also, different old age homes provide elderly care at different price points. In this blog, we will explore the costs of old age homes in detail so that you can choose and customise the perfect plan for your family based on your needs.
Essential Elderly Care Services and Associated Costs
Many factors influence the old age home’s monthly cost, such as:
1. Location
Old-age homes located in metropolitan cities generally cost more than those in small towns or semi-urban areas. Also, the connectivity of the old-age home can affect the cost. For example, centrally located, proximity to hospitals, major transport hubs, shopping centres, etc.
2. Type of Accommodation
One can choose from several types of accommodation in an old age home that contributes to the monthly cost. For example, some suites are like apartments with their kitchens, living rooms, and bathrooms, and there are private rooms with private toilets. Also, ideal for single occupants, there are shared rooms as well. The more privacy and luxury, the higher the old age home’s monthly cost.
3. Level of Care Required
Quality care is one of the essential services for the elderly, and associated costs can vary based on the needs. Assisted living costs are higher than that of independent living. Also, assistance can be of different types. One may need complete assistance appropriate for serious patients, like grooming, eating, etc., vs one may need selective assistance, like medication management, grooming, etc. Some homes like Olive Eldercare have special care designed for different conditions like cardiac, dementia, memory, etc. These packages can be a good way to get all the necessary services on a budget. Also, serious patients may require complete nursing and medical support, which every old age home is not capable of providing.
4. Amenities and Facilities
Another variable cost is the amenities and facilities available at an old age home. Luxurious home costs are high, while basic ones are low. A middle ground is a well-advanced centre that provides elder care and has an extensive list of optional services. They allow you to design services as per needs and pay accordingly for exceptional elder care. Also, one should check while selecting an old age home which amenities and facilities are included in the monthly cost, like fitness centre, housekeeping, laundry, meals, group activities, geriatric counselling, etc.
5. Meals and Dietary Requirements
While every home covers food charges in their monthly cost, the price varies depending on the quality and exclusivity of the service. For example, some homes allow customised meals based on special diet plans and preferences. Some also allow special requests from time to time. The more customisation there is, the higher the charges. Since nutrition is extremely crucial, it is recommended that we do not neglect it.
6. Security
Another cost factor to be considered in elder care is security at an old age home. Elderly people are at a very high risk of scams, accidents, sudden health issues that need immediate attention, and health deterioration, which, if neglected, can become serious. Old age home security is not just keeping the elderly safe from robbery but keeping the residents supervised at all times. Again, the higher the security, the more expensive it will be, but ample options are available based on your preferences.
Why Choose Olive Elder Care for the Best Geriatric Care?
Olive Elder Care is a home created and run by elder care experts. We are experienced in geriatric care and understand elderly requirements in every way. Thus, besides giving them medical support and assistance, we have included a holistic lifestyle, engagement activities, geriatric counselling, and mindful practices as part of our amenities. Our focus is to give our elderly residents a happy life at Olive Eldercare, where they live in a motivated ecosystem with friends and a newfound family and feel at home.
But we offer more-
- Tailored Care Plans for Individual Needs
- Smart Budgeting for Maximum Savings
- Flexible Payment Options
- Compassionate and Professional Team
- Medical support
- Emergency services
- Mental health supervision and support
- Recreational activities
- Supervision for health and security
- Unique services to assist the elderly with their lifestyle – bill payment, banking, technology support, maintenance requirements, transportation, etc.
Visit or call us to get an estimate based on your unique requirements. Experience transparent communication and support with planning cost-effective yet personalised elder care from experts.
Frequently Asked Questions
Is elder care cost different for NRI and Indian families?
There is no specific pricing set for NRIs compared to Indian families; all plans and their costs are designed according to individual needs. Costs may be involved depending on the mode of payment NRIs choose. We at Olive Elder care maintain transparency with cost breakup.
How can I save on elder care costs in India?
Once you understand the factors affecting the cost, you can customise accordingly. For example, choose shared accommodation, a location that cuts travel costs, or a semi-urban area with lower monthly costs, and then customise the services. There are government-aid old age homes that also provide elderly care at subsidised rates.
How much does elderly care cost in India?
India offers various old-age homes and elderly care services at different price points. There are government ones available for free, then there are luxury ones, and then there are many in-between. We recommend you check with Olive Eldercare and get a tailored plan with finance assistance to see if our plan fits your budget.
What are the key components of elder care planning in India?
The components of elder care planning include the aged resident’s health condition, lifestyle requirements, range of services for current and potential future needs, location, documents, good reviews, budget, etc.
Are there specialised old-age homes for medical conditions?
Not every old age home can provide advanced medical care and support. At Olive Eldercare, our residents can live independently without assistance, get assisted living, or get complete medical support for critical health conditions. We also have specially tailored packages for medical conditions like Alzheimer’s, Parkinson’s, post-surgery rehabilitation, cardiac care, etc.
