Memory Care Communities in Broomfield, Colorado

The baseline monthly rate for memory care in Broomfield sits at around $5,750, offering affordability compared to Colorado’s median of $6,341 and the national norm of $6,688. Local fees also trend lower than care costs in nearby communities, such as Colorado Springs and Denver, where seniors pay $6,341 and $6,250, respectively.

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 2024 Cost of Care Survey.

In Broomfield, memory care residents pay approximately $5,750 per month for housing and care.

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 Colorado page.

With rates coming in near $5,750 per month, memory care ranks among the more economical senior care solutions in Broomfield. For example, seniors who arrange private home health care services pay around $2,830 more per month, and nursing home residents pay higher fees of about $12,015. However, seniors in standard assisted living facilities pay lower monthly rates of around $4,600.

The Colorado Department of Public Health and Environment officially recognizes memory care facilities in Broomfield as assisted living residences. It requires facilities to abide by rules regarding transportation, medication and nutrition services, housing and supervision. It also has additional provisions for memory care units related to staffing, staff training and security.

• Memory care residents in Broomfield access robust medical support through UCHealth Broomfield Medical Center, which treats a range of conditions, such as hip and knee arthritis, back and neck pain and failed joint replacements. The hospital also has an experienced neurology team that diagnoses and treats conditions such as Alzheimer's and other memory disorders.
• Colorado has one of the highest sales taxes in the nation, but it exempts food and medications, providing memory care residents with savings on the items they purchase most. Although the state taxes all forms of retirement income, including Social Security benefits, it has a deduction of up to $24,000 for seniors that significantly reduces or eliminates their tax liability.
• Broomfield reports about 28 crimes per 1,000 people in a given year. Although property crime occurs more often here than in a typical Colorado or U.S. city at a rate of 26.18, violent crime rarely happens. For families concerned about safety, neighborhoods such as Palisade/Highlands, Wildgrass/Mountain View Estates and Anthem East have minimal criminal activity and may serve as desirable settings for memory care.
• The cost of living score in Broomfield exceeds Colorado’s average by 10% and trends about 32% above the national norm, posing a consideration for seniors with budgetary limitations. While housing costs run almost double the national norm, impacting the cost of residential care services, health care rates come in about 16% below the national average and may offset memory care costs. Additionally, the state-funded Supported Living Services Waiver provides financial assistance for qualified memory care residents.
• Broomfield County, where Broomfield resides, outperforms the state and nation for health factors and outcomes, indicating access to medical resources for seniors with memory loss. About 60% of Medicare beneficiaries get the annual flu shot compared to the state average of 47%, reducing the spread of seasonal illnesses in memory care units. The overall life expectancy in this city is 82 years, about five years beyond the national norm.