Memory Care Communities in Noblesville, Indiana

Noblesville seniors pay around $4,991 per month for memory care compared to the state and national medians of $6,266 and $6,688, making this city a budget-friendly option for specialized care. By comparison, rates in nearby cities exceed the local norm, with seniors paying about $6,498 for care in Kokomo and roughly $6,729 for services in Muncie. Similarly, in Lafayette, rates track well above the local median at $6,874.

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 Noblesville, memory care rates come in at around $4,991.

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.

Relative to other long-term care options, memory care rates compare favorably at around $4,991. Although seniors who don’t need memory support pay lower rates of around $3,993 for assisted living, which includes housing and personal care, other options cost more. For example, seniors who seek private services at home pay around $5,911 for in-home care services, such as meal preparation and personal care, and about $6,673 for home health care services, such as medication administration and rehabilitative therapies. Additionally, nonresidential adult day health care facilities charge higher rates of around $6,056 for daily assistance and light medical care, and nursing homes charge a median rate of $7,908 for 24-hour medical support and supervision.

The Indiana Department of Health, Division of Long Term Care oversees all memory care facilities in Noblesville through its Residential Care Facility Licensing and Certification Program. This program enforces rules related to the scope of services facilities must provide along with specifics on building and campus security, care planning and staffing. It also conducts inspections and follows up on complaints.

• Seniors in Indiana don’t pay state income taxes on Social Security benefits, but their tax liability includes all income from pensions and retirement savings accounts. Although the Indiana sales tax rate runs high compared to nationwide norms, it has exemptions for prescription drugs and durable medical equipment, benefiting memory care residents who rely on medications or mobility aids.
• Riverview Health operates out of Noblesville, supporting memory care residents through primary care services and a range of specialties, including orthopedics, internal medicine and cancer care. It also has several physicians who specialize in geriatrics and provide referrals to local neurologists who diagnose and treat memory-related disorders.
• Noblesville ranks among the more expensive places to live in Indiana, rating 106 on a 100-point cost of living index compared to the state score of 83.7. This puts overall living costs at 6% over the national norm and 26.6% higher than the state, which may affect how much money seniors and families can allot for memory care. To promote access to care for qualified individuals, the state funds the Aged and Disabled Waiver, which pays for some services in memory care communities.
• Noblesville ranks in the top 40% of U.S. communities for safety, making it a viable option for seniors and families seeking memory care in a low-crime community. Even compared to cities with similar population sizes, its crime rate runs lower than average at just seven incidents annually per 1,000 people. On top of this, memory care facilities promote resident safety through fully enclosed outdoor living areas, security gates and monitored entry points.
• Noblesville’s Hamilton County ranks as one of the healthiest counties in the state and nation, providing a supportive environment for seniors managing chronic conditions such as dementia. The local life expectancy exceeds state and national norms by several years at 81 years, and only 10% of adults report fair or poor health versus 16% in Indiana and 14% nationally. Additionally, the county has a primary care provider for every 720 residents, compared to 1,520 statewide.