Memory Care Communities in Daytona Beach, Florida

Compared to the Florida average of $5,000 and the national norm of $4,500, memory care costs in Daytona Beach are competitive at $4,969 monthly. While seniors may save $160 per month by obtaining care in Ocala instead, other nearby cities typically have higher monthly norms. For example, in Orlando, monthly rates are a little higher at $5,000 and in Palm Beach, seniors pay $5,576 for this type of care. Rates in The Villages are even higher at $6,510.

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 facilities in Daytona Beach charge $4,969 monthly for services.

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.

In Daytona Beach, memory care is among the more expensive senior care options, with facilities charging $4,969 per month for dementia services. Although this monthly rate is low compared to nursing home care, which starts at $8,213, other types of care are generally more affordable. Seniors pay $4,576 per month on average for in-home care and home health care, and seniors who don’t need memory support pay $3,975 for assisted living. Adult day health care is even more economically priced at $1,625 per month.

The Florida Agency for Health Care Administration, Bureau of Health Facility Regulation, licenses memory care facilities in Daytona Beach and the rest of the state. Because these facilities are licensed as assisted living facilities, they follow standard regulations related to housing requirements, care planning and nutrition services. They also have dementia-specific requirements to follow regarding staffing and staff training.

 

• Florida doesn’t levy any state income taxes, making this among the most retiree-friendly places to live in the nation. Seniors only pay federal income taxes on their retirement income, which may free up money for memory care expenses in Daytona Beach.
• Daytona Beach’s air quality is outstanding, with the region earning highest marks for ozone pollution, 24-hour particle pollution and annual particle pollution from the American Lung Association.
• Daytona Beach is warm and sunny throughout the year, making it an attractive option to seniors who enjoy being outdoors. The city gets 51 inches of rain annually, with measurable rain falling 119 days per year, and residents enjoy about 230 days of sunshine versus the national average of 205 days. Temperatures range from lows of 47 degrees in the winter to highs of 90 degrees in the summer, and snowfall is very rare.
• Crime occurs at a considerably higher rate in Daytona Beach than in a typical U.S. city, as well as in similarly sized cities such as Ocala and Sanford. On a 100-point index, the city rates 63.2 for violent crime and 85.5 for property crime versus national norms of 22.7 and 35.4. Fortunately, memory care facilities have secured outdoor areas and alarm systems to prevent wandering and keep residents and their belongings safe.
• The overall cost of living in Daytona Beach is among the lowest in Florida, which may make it a financially viable option for retirees with limited financial resources. On a cost of living index based on a national norm of 100, the city rates 86.7, about 16 points lower than Florida’s average.