Memory Care Communities in Lake Havasu City, Arizona

The cost of memory care in Lake Havasu City averages $5,875 a month, which is $875 higher than the Arizona state average but only $250 a month more than seniors tend to pay in the nation at large. Lake Havasu City has fairly expensive memory care costs when compared to most Arizona cities. For example, in Phoenix, memory care averages $4,969, and in Yuma, it averages $4,750 a month. However, in Flagstaff, costs are higher at $6,250. 

Note: Residential memory care is usually offered in assisted living facilities, and in general, memory care rates tend to be 20-30% higher than assisted living rates. No national database currently tracks memory care costs in the United States, so we've estimated the monthly memory care costs listed below by adding 25% to the rates listed in Genworth's 2021 Cost of Care Survey.

Memory care in Lake Havasu City costs an average of $5,875 a month. Prices for specific facilities vary with location and amenities offered.

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

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

For more information about different ways to finance memory care, visit our Memory Care in Arizona page.

Seniors whose care needs don't include dedicated Alzheimer's and dementia care might be able to save money by choosing a less expensive senior care option. For example, in Lake Havasu City, both in-home care and home health care cost an average of $5,148 a month, and assisted living communities charge an average of $4,700. Nursing homes are costlier because they offer medically oriented services. A semiprivate room in a Lake Havasu City nursing home costs an average of $5,962 a month.

Dementia care facilities in Arizona are licensed through the Bureau of Residential Facilities Licensing. This state regulatory agency publishes best practices and standards of care, conducts inspections of facilities and tracks complaints and concerns about specific memory care communities. Families looking into memory care in Lake Havasu City can search the bureau's database for facility reviews.

 

• The cost of living in Lake Havasu City is around 8% higher than the national average. Arizona tends to be around 6% higher than the national average, however, and Lake Havasu City is one of the more affordable places to live in the state. Much of the cost of living in the region can be attributed to the higher-than-average cost of housing, which is usually less of a concern for seniors living in memory care facilities.
• Health care costs in Lake Havasu City are around 7-8% higher than the average paid in the rest of the country. This is partly due to the low ratio of doctors to citizens in the region. Other health indicators, however, are more positive. Lake Havasu City has average water quality and above-average air quality, for example.
• Several hospitals operate in and around Lake Havasu City, many of which accept Medicare and specialize in the unique medical needs of older adults. One local hospital, Lake Havasu Hospital, is a highly-rated full-service medical center offering emergency care, surgery and rehab services.
• The rates of violent and property crime in Lake Havasu City are below the national averages. Violent crime is especially rare, with Lake Havasu City reporting just half the national rate.
• Arizona's climate is generally warm and dry, and conditions in Lake Havasu City are no exception. This part of Arizona gets just 5 inches of rain each year, far less than the national average of 38. Summers are hot and dry, while winters are usually mild and warm. 
• Arizona can be a moderately tax-friendly state for seniors. Social Security benefits are not taxed at the state level, though other forms of retirement income may be taxed at 2.5-2.98%. Seniors who receive civil service pensions may be able to deduct up to $2,500 a year from this liability, though private incomes are subject to taxation. The state has relatively low property taxes, but sales tax can be as high as 8.4%.