The impact of rising costs on older people in Oxfordshire

Across Oxfordshire, many older people are facing growing money worries that are affecting their health, independence and quality of life.

As a local charity, we’re highlighting the impact of poverty in later life, stressing that it goes far beyond household budgets. When money is tight, everyday decisions – about heating, food or social contact – can have lasting consequences for physical and mental wellbeing.

Rising living costs are hitting older people particularly hard, especially those on fixed or low incomes. Some are reducing how much they heat their homes, limiting water use or cutting back on meals to manage bills. Others are stepping back from social activities to save money, increasing the risk of loneliness and isolation.

“For many older people in Oxfordshire, money worries are hidden but deeply felt,” said Paul Ringer, CEO. “They affect how warm people can keep their homes, how well they eat, and how connected they feel to the world around them. Over time, this can undermine health, confidence and a sense of dignity.”

Local figures show the scale of the issue. Around 1 in 10 people of pension age in Oxfordshire have a low income, and 2,500 live in neighbourhoods that fall within the 20% most deprived nationally, where poverty and poor health often go hand in hand.

At the same time, an estimated 5,000 older people in Oxfordshire are not receiving the Pension Credit they are entitled to, missing out on around £10.4 million each year in additional financial support. Even a small Pension Credit award can make a significant difference, as it often acts as a gateway to other benefits and forms of support. However, many people do not apply because they are not aware that they qualify or feel unsure about asking for help.

We’re encouraging older people – as well as families, friends and professionals – to reach out early if money worries are beginning to affect day‑to‑day life, and to check whether they might be entitled to Pension Credit.

We provide a wide range of free, face‑to‑face and community‑based support to help people stay well, independent and connected. This includes benefits advice and help applying for Pension Credit, support with grants and emergency funding for essential costs, advice on fraud and scams, and free or low‑cost social activities so money is never a barrier to joining in.

“These pressures can affect anyone, often due to circumstances beyond their control,” Paul added. “Reaching out for advice is not a sign of failure – it’s a positive step that can make a real difference. Support is available, and many people are entitled to help without realising it.”

If you are concerned about your own situation, or that or an older friend, family member or neighbour, please contact us for confidential advice and support.