Elder Index

 

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June 2013
Elder Economic Security StandardTM Index for
Grandparents Raising Grandchildren 2011 in California
 
Raising a child is not cheap. Now try raising one on a fixed income and long past the age one associates with parenthood: 65 years and older. 
 
The High Cost of Caring: Grandparents Raising Grandchildren shows that older adults raising grandchildren alone — may be among the most vulnerable residents in California, due to the state's high cost of living and low levels of public assistance.
 
Below are county-by-county estimated costs for basic monthly expenses for seniors 65 years and older who are the primary custodian of one or more grandchildren.
 
Expenses are estimated by three household types: Elder renters; elder owners with no mortgage; and, elder owners with a mortgage.  The costs are calculated using The Elder Index, which examines the true costs of living in every California county.
 
The links below will open separate PDF documents - VIEW ALL (combined into one 988 KB file)
 
Elder Economic Security Standard Index and  Additional Grandchild Costs by county
 
 
 
 
 
 

Methodology Report

 
 

Additional Information on the Elderly Economic Security StandardTM Index

 


 
 
The Elder Economic Security InitiativeTM project in California, which this report contributes to, is led by the Insight Center for Community Economic Development, Oakland, California, with the guidance of a statewide steering committee. The California project is part of a national initiative led by Wider Opportunities for Women (WOW), Washington, DC, which holds the trademarks to Elder Economic Security Standard Index, Elder Economic Security Initiative project, and Elder Index. The national methodology was developed by the Gerontology Institute at UMass-Boston and WOW. The UCLA Center for Health Policy Research assisted in refining the methodology and applied it to California. Funding and support for the California Elder Index has been provided by: Alameda County Social Services Department of Adult and Aging Services, California Community Foundation, City of Los Angeles Department of Aging, County of Los Angeles Community and Senior Services, San Diego Department of Aging and Independence Services, The California Endowment, The California Wellness Foundation, UC-Program on Access to Care, United Way of the Bay Area, WOW and Y&H Soda Foundation.


Insight WOW