Memory Care Communities in Hobart, Indiana

Memory Care costs in Hobart start around $5,000 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 Hobart 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.

Hobart is a city of about 28,000 people and has a large senior community that makes up almost 17 percent of the population. The city is situated in Lake County, Indiana, where the Centers for Medicare and Medicaid Services project that roughly 13 percent of seniors receiving Medicare benefits have Alzheimer's disease or dementia. 

In Hobart, as in the rest of the state, memory care facilities are officially called dementia special care units. DSCUs may be located within assisted living facilities that provide flexible care plans, or they may be located within their own standalone building. In the Hobart region, there are eight memory care facilities, including one in Hobart proper and the other seven in nearby cities like Crown Point and Schererville.

• Hobart seniors do not pay state income tax on Social Security benefits, even those that are taxed at the federal level. All other types of retirement income, including disbursements from pensions and withdrawals from retirement savings accounts, are fully taxable. This may affect how much money they can budget toward memory care expenses. 
• Lake County’s air quality is poor, which may be a concern for families researching memory care in Hobart whose senior loved one has a respiratory illness or cardiovascular disease. The American Lung Association gave the county an F for both ozone pollution and 24-hour particle pollution. 
• Hobart's temperatures range between 17 degrees and 84 degrees over the course of a year, and the city receives about 187 sunny days annually. On average, residents see about 36 inches of snowfall each year, compared to the national average of 26 inches, which may impede winter travel for families who visit loved ones in memory care facilities here.
• While living expenses, including healthcare expenses, in Hobart are a little higher than the statewide average, they are still almost 10 percent lower than the national average. This may appeal to families with restrictive memory care budgets.