Senior citizens who are looking for the best place for retirement in the U.S. should consider Idaho, which landed among the top 10 best places in the country.
The state also ranked on the Top 25 based on the quality of healthcare. If you’re looking for in-home senior care in Caldwell Area or Boise, there’s a good chance of finding different service providers due to the growing demand from an elderly population.
Minnesota may be the best state for retirees that prioritize healthcare, but the state is among the places with the most expensive annual cost of in-home services. Alaska, North Dakota, Washington, and Wyoming are the other states.
For this reason, it’s best to look elsewhere if your budget for medical care is limited. Those who are nearing retirement, yet don’t have enough savings, may consider moving into Florida or South Dakota. These states are deemed to be the most affordable places for the older population. Take note that you should still have a sizable amount of savings even if you live in these states, as Social Security benefits or pension checks won’t be enough to cover expenses.
Cost of In-Home Care
A relocation to another state can be hard for the elderly, especially for the disabled and sick. If you already live in Idaho and plan to pay for home care, the average cost per hour amounted to $20 in 2017. On the other hand, assisted living expenses varied in the previous year that ranged between $1,850 and $3,250 on average per month.
These prices may have become more or less expensive today. One good thing about retiring in Idaho involves the small price difference among nursing care, home care, and assisted living services.
Older Americans should carefully consider the place where they plan to retire, preferably based on the quality of healthcare.