Memory Care Communities in Palm Coast, Florida

Seniors in Palm Coast save a small amount per month on memory care compared to the Florida average of $5,000. These savings increase compared to the U.S. median price of $5,625. Memory care is more expensive in nearby Palm Bay, which averages $5,576. In The Villages, the same type of care costs $6,510. Florida’s most affordable memory care prices are in Gainesville, which averages only $2,938. In Tampa, memory care costs an average of $4,188 per month. 

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.

In Palm Coast, memory care costs about $4,969 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.

In Palm Coast, memory care is one of the costliest long-term care options. Only nursing homes are more expensive, averaging $8,213 for a semiprivate room. Home health aides and in-home health care services average $4,576 per month. Assisted living costs less than memory care at $3,975 per month, and adult day health care costs even less at $1,625. 

In Palm Coast, the Department of Health and Human Services’ Bureau of Health Facility Regulation is responsible for the oversight of memory care facilities. This bureau maintains records of the licensed care communities in Florida and complaints registered against them. 

• Palm Coast’s cost of living is a little lower than state and national averages, at 96.9 points compared to Florida’s 103.1 and the United States’ 100. Some of the most affordable categories are housing and utilities. 
• Seniors living in Florida pay no tax on pension and retirement income. Sales taxes are close to average, and the state has no inheritance or estate taxes. 
• The beachside city gets hot summers with 225 sunny days per year, which is more than the U.S. average of 205. The city gets lots of rain and no snow. 
• Health care costs in Palm Coast are a little higher than the U.S. midpoint. However, the city’s health care quality is high. The local AdventHealth Palm Coast health center provides award-winning orthopedic care. 
• Palm Coast scores 27 on the Water Quality Index, which is worse than the nation’s average of 55. Conversely, the city’s air quality is 10 points above the U.S. median rating of 58. This makes Palm Coast a good place for people with respiratory and cardiac health issues. 
• Florida has a high population of seniors and is a state member of the AARP’s Network of Age-Friendly Communities. This means that the state is committed to increasing livability for its older residents through intelligent community design.