Elder Economic Security Standard™ (Elder) Index

The Elder Economic Security Standard™ Index (Elder Index), was developed by the Gerontology Institute at the University of Massachusetts Boston with Wider Opportunities for Women (WOW), and is maintained in partnership with the National Council on Aging (NCOA). The Elder Index is a measure of the income that older adults need to meet their basic needs and age in place with dignity. The Elder Index is specific to household size, location, housing, and health status. It includes the cost of:

  • Housing
  • Health Care
  • Transportation
  • Food
  • Miscellaneous Essentials

Summary from BasicEconomicSecurity.org