Memory Care Communities in Greenfield, Indiana

Memory Care costs in Greenfield start around $5,220 per month on average, while the nationwide average cost of memory care is $5,694 per month.

It’s important to note that memory care rates in Greenfield and the surrounding suburbs can vary widely based on factors such as location, the level of care needed, apartment size and the types of amenities offered at each community.

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 Indiana page.

According to the Alzheimer's Association, 110,000 Indiana seniors are living with Alzheimer's disease. Some of these seniors may reside in Greenfield, where more than 18 percent of its 22,000 residents are aged 65 or older. The Greenfield area, which includes Fishers and McCordsville, is home to 12 memory care facilities that deliver the specialized care seniors with Alzheimer's disease require.

Memory care facilities in Greenfield, along with the rest of Indiana, represent a type of residential care facility, as defined by the state. The Indiana Department of Health, Division of Long-Term Care oversees and licenses these facilities to ensure the staff delivers high-quality care to its senior residents.

• Cost of living in Greenfield is lower than the national average, ranking 88.9 on a scale where 100 represents the national average. Both housing and healthcare costs are even lower, at 71 and 88, respectively. The only category above the national average is transportation at 102. Seniors' families may want to consider this cost of living as they budget for memory care.
  
• Seniors in Greenfield might discover some savings thanks to the state's tax laws. Indiana does not tax social security income. However, other types of retirement income, such as pensions and 401(k)s, are taxed.
  
• Crime is low in Greenfield, with both violent crime and property crime rates coming in lower than the national average. The violent crime rate is 27, compared to a national average of 31.1. The property crime rate is 29.1, compared to a national average of 38.1. Seniors' families may enjoy added peace of mind knowing that crime is low in Greenfield.
  
• Seniors in Greenfield will experience a varied climate throughout the year. Winter low temperatures hit the teens, and the area sees about 19 inches of snow annually. Summer temperatures rise to the 80s. Greenfield sees more rain and less sun than the national average as well.