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Assisted Living Communities in Olean, New York

Olean sits in Cattaraugus County in the western region of New York, where 3 assisted living facilities serve seniors. These facilities charge a baseline monthly rate of around $6,100, according to 2024 data, surpassing New York’s median of $5,850.

You can explore the benefits and amenities of local assisted living facilities by checking out our directory and reading through 11 reviews resident reviews. Based on this feedback, local facilities have an overall quality rating of 4.0 out of 5 stars stars.

Directory of Assisted Living in Olean, NY

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The Cost of Assisted Living in Nearby Cities

According to the 2024 Genworth Cost of Care Survey, Olean's seniors pay around $6,100 monthly for assisted living. This exceeds the New York norm of $5,850 and the U.S. median of $5,350. It also surpasses care costs in most nearby communities. For example, in Syracuse and Rochester, rates run below the local median at $5,670 and $5,333, respectively. In Binghamton, however, costs run higher at around $7,826.

Olean

$6,100

New York

$5,850

United States

$5,350

Rochester

$5,333

Syracuse

$5,670

Utica

$5,900

Binghamton

$7,826

Paying for Assisted Living in Olean

In Olean, assisted living residents pay approximately $6,100 per month. 

Financial Assistance for Assisted Living in Olean

In New York, low-income seniors can request help from the government to pay for assisted living through the Supplemental Security Income (SSI) program. Once approved for SSI, seniors may also be eligible for additional aid through New York's State Supplement Program (SSP).

Learn more about these programs, plus who’s eligible, on our Assisted Living in New York page.

Financial Assistance in New York

More Ways to Pay for Assisted Living

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 New York page.

The Cost of Other Types of Senior Care

Olean’s assisted living communities charge around $6,100 per month. By comparison, seniors who arrange private nonmedical services in their homes pay about $1,520 less for in-home care, and those who attend adult day health care facilities pay competitive rates of around $1,235. However, nursing home care costs more than assisted living at about $14,448 per month.

In-Home Care

$4,576

Home Health Care

$6,673

Adult Day Health Care

$1,235

Assisted Living Facility

$6,100

Nursing Home Facility (semiprivate room)

$14,448

Note: Data for Olean was unavailable, so data for the nearest city, Buffalo, was used instead.

Free Assisted Living Resources in Olean

Olean and the surrounding area are home to numerous government agencies and non-profit organizations offering help for seniors searching for or currently residing in an assisted living community. These organizations can also provide assistance in a number of other eldercare services such as geriatric care management, elder law advice, estate planning, finding home care and health and wellness programs.

To see a list of free assisted living resources in Olean, please visit our Assisted Living in New York page.

What to Consider About Assisted Living in Olean

The Bureau of Licensure and Certification, housed within the New York State Department of Health, licenses all assisted living facilities in Olean. This agency publishes detailed information on the rules all facilities follow related to housing, care planning and staffing. It also conducts site inspections to monitor operations.

Benefits and Drawbacks of Assisted Living in Olean

  • Olean has comfortable summers with partly cloudy skies and daytime temperatures averaging 68 degrees Fahrenheit. Winters bring daytime temperatures ranging from 30 to 40 degrees Fahrenheit, along with overcast skies and about 25 inches of snow. Fortunately, assisted living facilities often have unit-controlled thermostats to support residents' comfort.
  • Olean's affordable cost of living makes it an attractive assisted living option for those with fixed incomes. It scores 73.5 on a cost of living index, indicating living expenses run nearly 27% below the national average and 40% lower than in New York as a whole. Additionally, qualified seniors may get financial assistance for assisted living through the New York Assisted Living Program.
  • New York doesn’t tax Social Security income, regardless of a taxpayer’s annual income, and it provides a deduction of up to $20,000 to reduce what seniors owe for other forms of retirement earnings. This significantly reduces or eliminates what seniors pay to the state and helps many afford assisted living costs in Olean.
  • While the total crime rate in Olean runs above state and national norms at about 40 incidents per 1,000 people annually, the city has several safe neighborhoods for prospective assisted living residents to consider. The South Olean and City Center neighborhoods have the most criminal activity, but neighborhoods such as Baldwin Heights/Boardmanville, East Olean/ Seneca Heights and South Olean report considerably fewer infractions. Many assisted living communities have security gates and door and window alarms to protect residents.
  • Compared to the average U.S. city score of 48, Olean ranks among the top half of communities for seniors with an AARP Livability Index score of 54. The city’s high walkability score of 11.25 outpaces the national average of 6.17, and about two grocery stores and three parks sit within half a mile of anywhere in the city.

Assisted Living Laws and Regulations in Olean

Olean Assisted Living Communities must adhere to the comprehensive set of state laws and regulations that all Assisted Living Facilities in New York are required to follow. Visit our Assisted Living in New York page for more information about these laws.

Laws and Regulations in New York

Reviews of Communities Nearby

Assisted Living

Jackie

I visited this facility

Review of Eden Heights of Olean

Eden Heights of Olean is very nice but it was way too expensive because there are not a lot of choices in that area. The grounds are very nice and looks like it well-maintained. It was bright and...

Provider response

Hi Jackie, It is great to hear from you! We enjoyed meeting you when you toured Eden Heights. I let Marsha, our dietary director, know that the banana bread was well received! We truly...

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Assisted Living

sharon076535

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

Review of Eden Heights of Olean

Eden Heights' facilities were great. My dad was there for 3 weeks and gained 10 lbs. The people are great. I'd recommend it. My dad gave it an A+. They have a great menu. It's like a restaurant...

Read more

Assisted Living

Sue43

I am a friend or relative of a resident

Review of Eden Heights of Olean

Eden Heights is a very nice assisted living place. It’s not a huge complex, but it does have four stages of care for people with memory problems. My mother is currently in stage two, moderate care....

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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