Assisted Living Communities in Troy, Ohio

Assisted Living costs in Troy start around $4,043 per month on average, while the nationwide average cost of assisted living is $4,000 per month, according to the latest figures from Genworth’s Cost of Care Survey.

It’s important to note that assisted living rates in Troy and the surrounding suburbs can vary widely based on factors such as location, the level of care needed, apartment size and the types of amenities offered at each community.

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

• Veterans Benefits
• Life Insurance Policy
• Long-Term Care Insurance
• Reverse Mortgage

For more information about different ways to finance assisted living, visit our Assisted Living in Ohio page.

The city of Troy is home to the annual Troy Strawberry Festival, voted the best food festival in Ohio in 2017. It's also home to a sizable senior population as almost 16 percent of the city's population is aged 65 and over.

Seniors in Troy have three assisted living facilities to choose from in town, and there are a further five in the nearby communities of Piqua, Tipp City and Dayton. As in all of Ohio, these facilities offer residential care and daily assistance to seniors and are licensed and monitored by the Ohio Department of Health. 

• The cost of living in Troy is 10 percent lower than the national average. Seniors on a limited budget will find health care and groceries to be particularly affordable, with health costs around 13 percent lower than the U.S. average.
  
  
• The Troy area is home to world-class medical facilities, including Upper Valley Medical Center, in the event of medical emergencies or illness.
  
  
• The city of Troy has plenty to interest seniors who enjoy arts and culture. In particular, the Troy-Hayner Cultural Center has fine art and historic exhibits and musical concerts throughout the year. In addition, they offer classes to residents interested in creating their own art.
  
  
• Residents of Troy can access curb-to-curb transport through the Miami County Transit service. Seniors aged over 65 can apply for a Blue Card to receive unlimited half-price rides.
  
  
• Winters in Troy can be cold, with January lows averaging just 20 degrees. The city does get less snow than the national average, but seniors who enjoy the outdoors may still feel stuck inside during the winter months.
  
  
• Troy's crime rate is higher than 84 percent of Ohio's cities and towns. Although the violent crime rate is considerably less than the state average, property crime occurs at a rate of 28 per 1,000 residents, which may be a concern for safety-conscious seniors.