Memory Care Communities in Miami, Florida

There’s a fair amount of variance in the cost of memory care across Florida. Memory care in Miami costs $481 more per month than the state average, but is still less than the national average of $5,625. One of the least expensive average memory care costs in the state is in Tampa at $4,188, while inland to Orlando averages $5,000. In Tallahassee and Jacksonville to the north, monthly costs are $5,812 and $5,825 respectively.

When trying to decide how to pay for memory care, one of the first questions that comes up is "How much does it cost?" With the impact of inflation, it's more important than ever to have up-to-date information when making a financial plan for senior living. To help shed light on real senior living prices, Caring.com has compiled proprietary cost data from its network of more than 75,000 senior living providers to provide insight into the average cost of memory care in Miami and 103 other cities in Florida.

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.

Memory care is the most expensive senior living option in Miami because these communities tend to provide a higher level of care. Seniors in Miami pay $6,172 on average for memory care and around $2,375 for assisted living. Independent living is more affordable at $1,437, although prices vary depending on each community's services.

The Agency for Health Care Administration (AHCA) oversees memory care residential facilities in Miami and across the state of Florida. The office ensures that state and national standards for staffing, training, food service, licensing requirements and overall care of residents are fully met with regular inspections and policy development.

• With one of the highest proportions of seniors in the United States, it isn’t surprising that Miami’s seniors are well served by hospitals, including the highly respected Jackson Memorial Hospital and Mount Sinai. Memory care is a priority at the University of Miami Health System. Its Memory Disorders Center has been doing innovative research into Alzheimer’s and dementia treatment for decades.
• Transportation around Miami is quick and easy even without a car. The city provides a free On-Demand Transportation service for seniors to get to medical appointments and community programs. In Miami-Dade County the Golden Passport program ensures low-income seniors ride public transit for free. The Miami Metrorail system connects the most populated areas of the city with stations at important locations, such as Jackson Memorial Hospital. Reduced fares are available for low-income seniors. 
• Miami is more expensive than other cities in the U.S. with a cost of living around 23% higher than the national average. In addition, memory care costs average $5,481 per month, which is higher than both the state and national averages. Fortunately, the high cost of living is offset by a network of community organizations that provide low-cost or free essentials such as transportation and day care and memory care counseling.
• The warm and sunny climate is what makes Miami famous as both a tourist destination and a place to live. The winter low is 61 degrees in January while temperatures can reach a high of 89 degrees in July. However, residents should be aware of the possibility of extreme weather events, since Florida is in hurricane country.
• Miami-Dade joined the AARP Network of Age-Friendly States and Communities in 2016 and finalized its age-friendly action plan in 2019. Work is managed by the Miami-Dade Age-Friendly Initiative and looks at everything from age-friendly design to connecting isolated seniors to equity programs for residents of the city’s culturally diverse neighborhoods.