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What Is the Average Cost for Memory Care?
Date Updated: July 26, 2024
Written by:
Rachel Lustbader is a writer and editor with a background in healthcare and technology. Her work has been published on websites including HealthCare.com, BiteSizeBio.com, BetterHelp.com, Caring.com, and PayingforSeniorCare.com. She studied health science and public health at Boston University.
Both of Rachel’s grandmothers had very positive experiences in senior living communities, and Rachel saw firsthand the impact that kind, committed caregivers and community managers can have on seniors’ and their family members’ lives. With her work at Caring, Rachel hopes to help other families find communities, caregivers, and at-home products that benefit elderly loved ones and make life less stressful for family caregivers
Memory care costs an average of $6,935 per month in the United States. The monthly cost of memory care varies depending on the facility and the city and state in which it’s located. Communities that offer a wider range of services aimed at the needs of seniors with memory loss disorders generally charge a much higher fee than those with basic services and amenities.
Memory Care Cost Comparison
The cost of memory care is significantly higher than the monthly average cost of assisted living, which is around $5,380. The difference in cost can be attributed to the additional facilities and specialized staff training required in a memory care unit.
Services Provided and Costs Involved in Memory Care Units
The majority of memory care units provide a range of facilities and services designed to meet the needs of seniors with cognitive impairment disorders. At a minimum, memory care communities provide 24/7 caregiving services and some level of security. In some states, these caregivers are required to undergo additional training on a regular basis.
Memory care costs are higher in communities that provide specialized activities tailored to each resident, research-based therapies, secure outdoor spaces and licensed medical staff. Since communities cater to different levels of memory loss, the costs increase depending on the severity of the disorder and the amount of care or monitoring required.