Memory Care Communities in The Villages, Florida

The Villages has some of the higher memory care costs in the region, particularly when considering the overall lower cost of care in the rest of the state. This may be due to the high number of seniors who live in The Villages. Compared to Lakeland and Tampa, The Villages’ memory care costs are expensive, representing $2,400 more per month than Lakeland and $2,300 more than Tampa. The cost in The Villages is also $1,700 more per month than Ocala and almost $1,200 more than Homosassa Springs.  

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 cost of memory care in The Villages is approximately $6,500 per month, which is higher than the national average by almost $1,000 per month and is also higher than the state average by $1,500.

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.

The Villages offers a number of care options for seniors in the city. Memory care costs are situated toward the upper range of care options. It is more expensive than adult day health care by almost $4,800 per month. Fortunately, memory care is only around $790 per month more than in-home care and home health care. It is also more expensive than assisted living by around $1,200 per month. For seniors who need more attention and medical care than they can receive in a typical memory care community, the cost of care increases. A semi-private room in a nursing home costs almost $8,700 per month, more than $2,000 more than for memory care services.

As with other senior care facilities in the state of Florida, memory care communities are licensed and managed by the Agency for Health Care Administration, a segment of the Bureau of Health Facility Regulation. The agency is also responsible for the investigation of complaints, in addition to ensuring that each facility is safe and compliant with  state requirements. 

• The Villages is a city and a community of seniors designed specifically for the elderly and their needs. It has all of the shopping, restaurants and entertainment venues that comparable cities possess, with the added benefit of other services that seniors need, including medical and financial organizations.
• The summers are hot and often humid, but most of the year is pleasant and warm, with temperatures in the winter rarely dropping below 50. The area also has significant sunshine. Rainfall is frequent in the summer but rarely lasts more than a few minutes. The UV and heat indexes in the summer can be dangerous, but most places have air conditioning to stay out of the sun.  
• Florida is extremely tax-friendly to seniors. Not only is there no state income tax here, but seniors also don’t need to worry about their Social Security or pension being taxed, and there is no inheritance tax. These tax advantages make a senior’s savings last longer than they would in other states. 
• The health care available to seniors in The Villages goes above and beyond what would be offered in most metropolitan areas. The community has its own hospital, UF Health The Villages® Hospital, which is nationally recognized for its heart failure and stroke care. There are also treatment centers dedicated to seniors who have dementia, including that available at The Villages Health center. 
• The Villages is a very safe place for seniors to live, with a crime rate that is much lower than the Florida state average. In particular, seniors enjoy an overall crime rate that is more than 70% lower than the national average and a property crime rate that is more than 90% below the national average.