Memory Care Communities in Coral Springs, Florida

Coral Springs' median fee of $5,481 is $481 per month more than Florida's average. However, it's below the country's $5,625. Comparisons with other South Florida cities reveal Coral Springs is at the higher end of the spectrum, although it is not the costliest. Naples holds that position, with a median monthly fee of $6,625. Cape Coral is slightly more affordable than Coral Springs, at $5,418, and Port St. Lucie's $4,704 average is much more affordable.

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.

Fees differ because each memory care facility has a unique pricing policy, but the median fee of $5,481 per month in Coral Springs should help families understand the likely range of costs.

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.

The cheapest type of care in Coral Springs is adult day care, at $1,517. Home care is next, at $4,195, although neither service is suitable for seniors with mid- to late-stage dementia. This applies to home health care and assisted living as well, both of which average $4,385 per month. The costliest option is nursing home care, which averages $9,019 and is suitable for seniors with late-stage dementia.

The Bureau of Health Facility Regulation oversees Florida's memory care facilities. It issues licenses to those that satisfy stringent criteria relating to building standards, fire safety, health and safety and staff training. Facilities with 17 or more residents must also ensure alert staff is on-site 24/7. The bureau has the authority to conduct unannounced inspections and revoke licenses.

 

• Seniors in Coral Springs are never far from quality medical care. The city boasts many medical facilities covering most areas of medicine. They include Broward Health, which specializes in emergency care, surgical services and cardiovascular care. There's also Northwest Hospital, a 289-bed facility with extensive experience treating heart and muscle conditions.
• The overall cost of living index of 120.2 in Coral Springs is above Florida's average of 103.1. However, the city's housing costs distort the results. Since memory care residents are not as affected by housing costs, the area's health care costs may be more important to consider. This index of 99.2 is below Florida's 102.3, suggesting seniors may be paying less for health care in Coral Springs.
• Families concerned about their vulnerable loved ones living in an area of high crime may be pleased to know this doesn't include Coral Springs. Violent crime in the city averages 12.8/100, well below the country's 22.7/100. Although the gap isn't as wide, property crime is lower too, at 30/100. Families with relatives in memory care facilities that accommodate 17 or more residents may find an additional source of relief. One condition of licensing is that awake staff must be on-site 24/7.
• The climate in Coral Springs is warm and sunny all year round, with temperatures only occasionally dropping below 60 degrees. The city also boasts almost 40 more days of sunshine than the U.S. average of 205, so seniors in memory care facilities can enjoy the outdoors in secure areas. Rainfall is high in summer, so it can get muggy. However, the rain is also why seniors with memory loss have many green parks in which to stroll and picnic with their families.
• Coral Springs has a water quality score of 50, which is five points below the norm, but air quality scores 68, 10 points higher than average. The city also boasts 224 physicians per 100,000 residents, which is 14 more than the national average. Additionally, Coral Springs offers a healthier environment than most cities in the country.