2017's Best and Worst States to Grow Old

Caring.com Evaluated 13 Financial, Healthcare and Quality of Life Metrics

SAN MATEO, CA; Aug. 16, 2017 -- Utah is the best state to grow old, according to a new Caring.com report. The study ranked all 50 states in 13 financial, healthcare and quality of life categories focused on senior care. Iowa, South Carolina, Washington, Nebraska, Arizona and California follow the Beehive State at the top of the list.

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Utah earned the #1 designation with solid scores across the board. It’s the only state to crack the top 15 in quality of life/healthcare (#7) and cost (#14). Many states exhibit an inverse relationship between quality and price. For example, Washington is tops for quality but #38 for cost. And while Alabama has the cheapest elder care, it lags in quality (#44).

The analysis found the worst states to grow old are Wyoming, North Dakota, New York, Indiana and West Virginia. New York is a notable example of a state that fares poorly in both quality (#34) and cost (tied for #46).

“We want to use this research as a starting point for really important conversations between family members,” said Caring.com vice president Tim Sullivan. “Too many people avoid thinking about senior care until it hits a crisis point. There are good options in every state, but it can take some time to sort out the best approach, so ideally you’ll get the dialogue going early to help maximize your options.”

The study incorporated statistics on senior living community reviews, nursing home costs, in-home care prices, elderly well-being assessments and more. Contrary to many “best states to retire” rankings which cater to active seniors and pursuits such as hiking, golfing and traveling, this analysis centered on America’s rapidly growing elderly population and the medical and financial supports it requires in order to thrive.

Watch this video to see the 10 states that topped this year's list:



Sources:

  • Nearly 150,000 consumer reviews of senior care facilities and in-home care providers (Caring.com)
  • 2017 Long-Term Services & Supports State Scorecard (AARP, The Commonwealth Fund and The SCAN Foundation)
  • 2016 Cost of Care Survey (Genworth)
  • 2015 State of American Well-Being (Gallup-Healthways)
  • 2015 American Community Survey (U.S. Census Bureau)

About Caring.com

With more than three million visitors per month, Caring.com is a leading senior care resource for family caregivers seeking information and support as they care for aging parents, spouses, and other loved ones. A Bankrate company headquartered in San Mateo, CA, Caring.com provides helpful caregiving content, online support groups, and a comprehensive Senior Care Directory for the United States, with nearly 150,000 consumer ratings and reviews and a toll-free senior living referral line at (800) 325-8591. Connect with Caring.com on Facebook, Twitter, Google+, Pinterest, LinkedIn, and/or YouTube.

For more information:

Ted Rossman
Public Relations Director
ted.rossman@bankrate.com
917-368-8635