U.S. Elder IndexThe Elder Economic Security Standardâ„¢ Index (Elder Index), was developed by the Gerontology Institute at the University of Massachusetts Boston. 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 tenure, and health status. It includes the cost of: housing, health care, transportation, food, and, miscellaneous essentials.