Memory Care Communities in Cape Coral, Florida

The most affordable city for memory care in Florida is Gainesville, at $2,938 per month, which is almost $2,500 less than Cape Coral. Seniors in the state capital of Tallahassee pay an average of $5,813, and those in the city of Miami pay around $5,814 each month. Those seniors living in Naples pay the highest costs in the state, at an estimated $6,625 per month. 

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.

The average senior in Cape Coral pays around $5,418 for memory care per month. This is slightly higher than the Florida state average of $5,000 and similar to the U.S. national median of $5,625. 

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 Florida page.

Adult day care is the lowest cost care option for seniors at around $1,603 per month. Assisted living provides 24/7 care and has a monthly average cost of $4,334. Seniors wanting to remain at home can look at home care and home health care, which both have a monthly average cost of $5,196. Those requiring full-time medical care should consider nursing home care, which is around $9,186 per month for a semiprivate room. 

The Bureau of Health Facility Regulation regulates and licenses all memory care facilities in Cape Coral and across the state of Florida. It monitors the facilities and ensures that they are following all regulations by carrying out regular scheduled and surprise inspections. Warnings are issued to facilities found to be breaking regulations, and their licenses can be revoked.

• Cape Coral has one main hospital, Cape Coral Hospital, and a number of additional hospitals and medical facilities can be found in nearby Fort Myers. Cape Coral Hospital offers a wide range of services, including cardiology, pain management, behavioral health and chronic disease programs. 
• Seniors who enjoy the sunshine and warm days may like living in Cape Coral. The city receives an average of 265 days of sunshine each year, and there is no chance of snow. The summers are hot and humid, but the winters are mild, allowing seniors to get outside throughout the year.
• The crime rate in Cape Coral is much lower than the U.S. average. Seniors should feel safe living in most neighborhoods in the city. Seniors who are worried about crime can rest assured that most memory care facilities have 24/7 security systems and restricted access.
• The cost of living in Cape Coral is slightly higher than the national average. However, seniors living in memory care facilities have fixed monthly costs, allowing them to budget for those expenses without worrying about fluctuations in costs. 
• Lee County provides transport for seniors in Cape Coral. The Cape Coral Mini-Bus is specifically designed for seniors who are no longer able to drive and don’t have access to public transport. A fee of $12 is charged for each round trip, and financial assistance is available.