Memory Care Communities in Oviedo, Florida

Oviedo is a relatively affordable destination for memory care, $625 cheaper per month than the national average and in line with Florida’s median rate of $5,000. Seniors in Miami can expect to pay about $5,481 for monthly memory care, 9.2% more than those in Oviedo. Rates increase further to $5,825 in Jacksonville. Tampa offers a more cost-effective destination than Oviedo for dementia care, with communities charging roughly $4,188 monthly.

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.

The median cost of memory care in Oviedo is $5,000 per month, but fees vary depending on services and programs.

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 costs $5,000 per month, which is toward the higher end of the scale regarding Oviedo’s senior care options. Only nursing home care is more expensive, providing 24/7 medical care and monitoring, and is priced from $8,060 per month. In-home care covers nonmedical support in the comfort of a senior’s home, and home health care includes part-time medical and therapeutic services; both are $233 cheaper than memory care. Assisted living may be an appropriate choice for those with mild dementia, saving seniors $1,000 per month compared to specialized memory care. At $1,463, adult day health care is the lowest-priced choice, providing daytime care outside the home, typically while family caregivers are at work. 

Through the Bureau of Health Facility Regulation, Florida’s Agency for Health Care Administration is responsible for licensing and regulating memory care facilities in Oviedo and throughout the state. The agency monitors facilities to ensure they follow all necessary rules and regulations and investigates complaints from residents and their families.

 

• Oviedo’s cost of living is almost 6% higher than the national average and around 2.6% higher than the statewide norm. However, as elevated housing costs play a prominent role in this increased figure, the fixed monthly fees of residential memory care communities may help seniors budget more effectively. Additionally, Elder Affairs Florida offers various programs for seniors that could reduce their personal expenses.
• Florida’s lack of state income tax may appeal to cost-conscious seniors, with lower-than-average sales tax rates further increasing Florida’s draw for retirees.
• When it comes to health care, local costs align with the national average. However, the city has 33 fewer physicians per capita than the U.S. average. To address this, many memory care communities in Oviedo feature on-site licensed nurses who oversee care provided by trained aides. Furthermore, nearby Oviedo Medical Center provides comprehensive medical care, including 24/7 emergency services.
• In Oviedo, the crime rates are notably lower than the national averages, providing a sense of security for seniors and their families.  Violent crime ranks 15.4 on a 100-point scale, lower than the national figure of 22.7. The city’s property crime statistics are equally comforting, standing at 21.3 compared with the countrywide average of 35.4.
• Similar to the rest of the region, Oviedo offers warm summers and mild winters, ideal for seniors who enjoy supervised time outside. Temperature-wise, summer highs are around 92 degrees Fahrenheit, and winter lows are a pleasant 49 degrees Fahrenheit.