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The 10 Best Nursing Homes in Peabody, MA for 2024

Peabody is home to over 54,000 people, 22.5% of whom are 65 and up. AARP lists Peabody on its Network of Age-Friendly States and Communities. Seniors in this city have access to high-quality health care. Harvard Vanguard Peabody offers primary care and lab services to area residents, and the Lahey Medical Center has a 24-hour emergency department for patients of any age, an ambulatory surgical center and integrated specialty services. Also located in Peabody is the New England Orthopedic Specialists Musculoskeletal Center, which provides a full range of orthopedic services, including diagnostics, surgery and therapy, within one location.

Nursing home costs in Peabody average $13,383 for a semiprivate room according to the Genworth 2020 Cost of Care Survey. This is higher than the state average of $12,623 and the national average of $7,756. Nursing homes provide high levels of supervision and medical care that aren’t always available to seniors who remain living at home, which accounts for higher costs  when compared to other living arrangements, such as assisted living and in-home care.

This guide compares different care types and their costs in addition to listing some resources available to Peabody seniors.

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Nursing Home Facilities in Peabody, Massachusetts

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Nursing Home Costs in Peabody, MA

In Peabody, the average cost for a semiprivate room in a nursing home is $13,383 per month with a private room costing $14,509.

The Cost of Nursing Home Care in Nearby Cities

When comparing average monthly costs for semiprivate rooms in nursing homes, Peabody’s costs of $13,383 are much higher than the United States average, which is $7,756. Statewide costs of $12,623 are also more affordable.

Most nearby towns are less expensive than Peabody. Pittsfield is most affordable with costs that are $2,281 less per month than Peabody. Worcester and Springfield cost less by $897 and $1,815 per month respectively. Only Barnstable comes close to Peabody’s average costs at $13,326.

Peabody

$13,383

Massachusetts

$12,623

United States

$7,756

Worcester

$12,486

Pittsfield

$11,102

Springfield

$11,568

Barnstable

$13,326

The Cost of Other Types of Senior Care

It’s helpful to compare other kinds of senior care in Peabody, especially when families are unsure of whether a nursing home is the correct placement for their loved one. Adult day health care is the most affordable option at $1,782 per month. Home care and home health care costs in Peabody both average $5,720. Assisted living facilities carry an average monthly cost of $6,100. Nursing homes are the most expensive living option for seniors in Peabody with a semiprivate room averaging $13,383 per month and a private room averaging $14,509.

Home care

$5,720

Home health care

$5,720

Adult day care

$1,782

Assisted living

$6,100

Nursing home (semiprivate room)

$13,383

Nursing home (private room)

$14,509

Financial Assistance for Nursing Home Care in Peabody, MA

Many seniors and their families use some form of financial assistance to help them pay for nursing care. The main options available are Medicare, Medicaid and veterans benefits. These programs can be complicated, especially when it comes to benefit terms. Below, we give a brief overview of how these programs may be used towards paying for skilled nursing care.

  • Medicare: Medicare will typically cover all skilled nursing costs for the first 20 days of one’s stay in a nursing home and a portion of the costs until day 100. After 100 days in a skilled nursing facility, Medicare will not cover any part of the cost of the stay. While this is adequate when short-term care is needed, those in need of long-term care will need to either pay out-of-pocket or use another source of financial assistance.
  • Medicaid: Medicaid covers most of the costs of living in a skilled nursing facility for those who qualify. Care, room and board are covered with no time limit, but residents may be charged for extras like specially prepared food or cosmetic services. Medicaid eligibility standards are strict and complex, so not all seniors are eligible for Medicaid benefits.
  • Veterans Benefits: Veterans receiving a VA pension may also be eligible for the Aid and Attendance benefit administered by the VA. Aid and Attendance is a monthly allowance that beneficiaries may use to pay for their long-term care, including skilled nursing care.

If these options aren’t available to you, check if your loved one has long-term care insurance or contact your Area Agency on Aging to ask about any local financial assistance programs for seniors.

Free Resources for Seniors in Peabody, MA

The following list of resources available to seniors living in Peabody is useful for those who are still living in their own homes and wish to delay placement in a nursing home for as long as possible. These resources are also helpful in making an eventual nursing home transition easier, more understandable and attainable.

ResourceContactService
Peabody Council on Aging

(978) 531-2254This Peabody city agency on aging provides a wide array of senior services that are either free or inexpensive. The Peabody Senior Center offers a monthly calendar of activities for seniors, including exercise classes, games, singing, dancing, painting and sewing. Health and wellness clinics and support groups take place at the senior center, including hearing screenings and special interest groups. Hot meals are also available on-site.

The PCOA provides free transportation for seniors to medical appointments and for grocery shopping. A social services program provides information about other agencies in the network.

The RIDE(844) 427-7433The RIDE is a paratransit service run by the Massachusetts Bay Transportation Authority. It provides door-to-door and shared-ride transportation to seniors who are temporarily or permanently disabled and unable to use public transportation in the greater Boston area, including Peabody.
Northeast Legal Aid(978) 458-1465Northeast Legal Aid is a free legal services program available to seniors residing in Essex County, including Peabody. Seniors can obtain help with Social Security benefits, SNAP applications and other matters, such as applying for disability benefits.

Reviews of Communities Nearby

Nursing Homes

Jay

I am a friend or relative of a current/past resident

Review of CareOne at Peabody

Care One recently took excellent care of my grandmother while she was there and helped her get well and back home where she belongs. We are very thankful for the excellent service the staff...

Read more

Nursing Homes

Occy

I am/was a resident of this facility

Review of CareOne at Peabody

I was there for rehab after a long stay in ICU. When I first got there no-one showed me anything about facility. I was never weighed In and never introduced to the therapy team. I was left in my...

Read more

Nursing Homes

tjcb

I am a friend or relative of a current/past resident

Review of Brooksby Village

My parent was a patient in the Memory Care Unit of BBV. The unit is extremely understaffed. The food is terrible. At times I have visited, there isn’t any staff in site and patients are left...

Read more

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The material on this site is for informational purposes only and is not a substitute for legal, financial, professional, or medical advice or diagnosis or treatment. By using our website, you agree to the Terms of Use and Privacy Policy

Caring.com

Caring.com is a leading online destination for caregivers seeking information and support as they care for aging parents, spouses, and other loved ones. We offer thousands of original articles, helpful tools, advice from more than 50 leading experts, a community of caregivers, and a comprehensive directory of caregiving services.

 

The material on this site is for informational purposes only and is not a substitute for legal, financial, professional, or medical advice or diagnosis or treatment. By using our website, you agree to the Terms of Use and Privacy Policy

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