Assisted Living Communities in Princeton, West Virginia

Assisted Living costs in Princeton start around $4,350 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 Princeton 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 West Virginia page.

One of the mandated goals of Princeton, West Virginia, is to “create a comfortable haven for the elderly,” indicating the area’s senior population, at 20.7% of the population, is treated with respect. This small city has two assisted living facilities available to help those seniors who need extra help with daily activities, and there are five more in the nearby towns of Lerona and Bluefield.

In Princeton and in the entire state of West Virginia, these facilities are known as both assisted living residences and residential care communities, both of which are licensed by the Department of Health and Human Resources.

• West Virginia partially taxes retirement savings account income, pensions and Social Security income, which might benefit Princeton seniors with fixed incomes.
  
• Princeton’s cost of living is 79.8, significantly lower than both the state and national averages. Although seniors can expect to pay less for groceries and transportation here than they would in other cities throughout West Virginia and the nation as a whole, they can expect to pay more for healthcare, which may be a concern to seniors with chronic health issues.
  
• Princeton seniors with chronic respiratory conditions do not need to worry about going outdoors in the city. The city has an air quality rating that is 15 points higher than the national average of 58.
  
• Seniors may want to take safety precautions whether out on the town or relaxing at home in Princeton. The city has a violent crime rating of 33.5 and a property crime rating of 55.5, both significantly higher than the respective national averages of 22.7 and 35.4. Seniors may want to keep a close eye on their belongings and ensure that prospective facilities have safety protocols in place to keep them safe.
  
• Summers in Princeton are comfortable with highs rarely rising above 81 degrees. Winters, however, are cooler with lows dipping down to 22. The sun shines over Princeton 155 days per year, 50 less than the national average, which might be a deterrent to seniors who enjoy spending a lot of time outdoors.
  
• The Princeton area is home to world-class medical facilities, including Princeton Community Hospital, in the event of medical emergencies or illness.

Note: Data reported on this page was updated in 2019 and based on the latest 2018 figures.