Memory Care Communities in Lecanto, Florida

In Lecanto, memory care facilities charge around $5,313 per month for residential dementia support. Although this exceeds Florida’s rate of $5,000, it saves seniors money over the national norm of $5,625. Additionally, Lecanto offers greater affordability than The Villages, where baseline memory care rates come in at $6,510. On the other hand, for those seeking more economically priced care, rates in Tampa run around $4,188 per month, and in Gainesville, monthly fees come in $2,375 lower than in Lecanto.

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.

Lecanto seniors pay approximately $5,313 per month for residential memory 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 Florida page.

Lecanto’s memory care communities charge around $5,313 per month for residential care. By comparison, seniors who need intensive 24-hour medical and personal care services pay higher rates of approximately $8,760 for nursing home care, but other senior care solutions tend to cost less. For example, seniors who need skilled nursing services in their own homes pay $4,559 for home health care, and those who primarily need companionship and nonmedical custodial services at home pay about $4,273. Additionally, assisted living, which includes housing and personal care services but doesn’t provide dementia support, costs about $1,063 less than memory care.

In Lecanto, memory care communities officially obtain licensing as assisted living facilities through the Florida Agency for Health Care Administration. This department requires facilities to follow standardized rules for nutrition and medication services, staffing and care planning, which it enforces through an annual licensing process and regular inspections.

• Citrus County, where Lecanto sits, serves as a member of the Dementia Friendly America Network. This means its community leaders have put initiatives in place to create a welcoming, safe environment for those experiencing memory loss, as well as their families.

• Lecanto’s Citrus County ranks among the unhealthiest communities in Florida, coming in at 55th place among the state’s 67 surveyed counties for general health. About 16% of adults in this community report poor or fair health versus 12% nationally, and the overall life expectancy falls about four years below the national norm and five years below Florida’s average at 74.5 years. Fortunately, to promote healthy lifestyles and access to medical support, many memory care communities have staff nurses, on-call physicians and routine wellness services.

• Lecanto’s cost of living runs slightly lower than the national norm, with residents spending about 22% less on health care and housing-related expenses and 20% less on food. This may drive down the cost of residential memory care services and promote affordability for those with limited access to resources.

• Lecanto rates among the safest cities in the state and nation, with the city reporting just 7.78 criminal offenses per 1,000 people in a given year. Not only does this run lower than in 58% of U.S. cities and 71% of communities across Florida, but it compares favorably to other cities with similar population sizes. Those with safety concerns may want to consider memory care in the Town Center or Homosassa Springs East neighborhoods, where crime rates run even lower.

• Memory care residents only pay federal income taxes on any form of retirement income due to Florida’s lack of state income tax, leaving more money in the bank for care and medical expenses. In addition to this, prescription and over-the-counter medications are tax-free, promoting greater affordability for those managing chronic health conditions.