Assisted Living Communities in Merritt Island, Florida

Compared to the state median, care costs in Merritt Island are more than $400 higher. They are, however, slightly lower than the national average of $4,500. In nearby Orlando, rates are on par with the state average of $4,000. Lakeland is even more affordable, with rates over $1,000 below those in Merritt Island. However, Merritt Island is a less expensive option than Jacksonville, where rates are around $200 higher. The town also sees lower costs than The Villages, where seniors typically pay over $5,200 per month.

The average cost of assisted living communities in Merritt Island is $4,461 per month.

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

• Veterans Benefits
• Life Insurance Policy
• Long-Term Care Insurance
• Reverse Mortgage

For more information about different ways to finance assisted living, visit our Assisted Living in Florida page.

Adult day care offers light, part-time assistance at the affordable rate of $1,408 per month, which is over $3,000 less than assisted living. In-home care and home health care are around $300 more expensive than assisted living, though they’re ideal for seniors who wish to remain living at home rather than in a residential setting. Base rates for nursing care are over $5,200 higher than assisted living costs, though they include 24-hour supervision and specialized skilled nursing care.