Memory Care Communities in Live Oak, Florida

In Live Oak, memory care costs about $4,395 per month. This rate falls below the state norm of $5,938 and the national median of $5,350. It also runs lower than rates in most nearby cities. For example, in Tallahassee and Gainesville, monthly fees track above Live Oak’s norm at approximately $8,431 and $10,069, respectively. However, local care costs exceed rates in Crestview, where facilities charge about $490 less.   

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.

Memory care facilities in Live Oak charge around $4,395 per month.

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.

Seniors in Live Oak pay around $4,395 per month for memory care. This amount exceeds the cost of assisted living, which provides non specialized residential care for about $880 less. However, memory care facilities offer budget-friendly care compared to nursing homes, which charge a baseline monthly rate of $7,330.

The Florida Agency for Health Care Administration licenses all memory care units in Live Oak, officially recognizing them as assisted living facilities. It requires them to follow rules regarding security, dementia-informed care planning and staffing. The agency also oversees staff screening and training and enforces cleanliness and safety standards.

• Because Florida doesn’t have a state income tax, seniors only pay taxes to the federal government on their retirement income, regardless of its source or amount, potentially saving them thousands of dollars each year that they can put toward memory care costs in Live Oak. The state also exempts groceries and medicine from sales tax and doesn’t have an inheritance or estate tax, promoting seniors’ financial stability.
• HCA Florida Lake City Hospital sits about 20 miles away in Lake City and serves as the closest major medical facility to Live Oak. This hospital specializes in neurological services and has a team of health care professionals who diagnose and treat memory loss. To further promote seniors’ health, many memory care facilities contract with physicians to provide on-site health monitoring and wellness exams.
• Live Oak’s affordability makes it a practical option for many seniors and families seeking budget-friendly memory care. Overall, living costs in this city run about 17% below the U.S. average and almost 20% below statewide norms, promoting economical residential care costs. Florida also funds the Long-Term Care Program, which helps pay for memory care services for qualified individuals.
• While Live Oak’s crime rate exceeds U.S. and Florida norms, with residents seeing about 35 violent and nonviolent offenses per 1,000 people in a given year, the city has several safe neighborhoods with considerably less criminal activity. For those seeking memory care services, neighborhoods such as Ellaville/Falmouth, Starr and Luraville may serve as viable options.
• Live Oak scores 50 points on the AARP Livability Index, putting it in line with the average U.S. city for favorability for seniors. It scores well in the index’s housing metric for implementing state and federal guidelines for creating an age-friendly community. On average, local memory care facilities sit within half a mile of one grocery store and two parks, which provides convenience for those visiting loved ones in long-term care.