Memory Care Communities in Valparaiso, Indiana

The average cost of memory care in Valparaiso is $4,521 per month, which is $833 lower than the state median and $1,104 lower than the national average. Costs are even lower in Fort Wayne and South Bend, averaging $4,356 and $4,135 respectively. However, other major cities in the region are more expensive. Seniors in Elkhart pay $5,313 on average, and memory care prices in Indianapolis are around $5,600.

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.

Seniors in Valparaiso can expect to pay about an average of $4,521 for memory care, including accommodations, meals, therapeutic activities and specialized staffing. 

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.

Memory care costs 25% more than assisted living at an average of $4,521 versus a median $3,617, but it's not the most expensive type of long-term care. Seniors who have ongoing medical needs or require rehabilitative therapy can expect to pay around $8,456 per month for skilled nursing. In-home care typically costs $1,100 more per month than memory care depending on how many hours of support are provided, and this is before regular living expenses and household maintenance are factored in.

For residents' health, safety and well-being, all residential care facilities that admit patients with Alzheimer's, dementia or cognitive impairments must be licensed by the Indiana Department of Health, Division of Long-Term Care. This agency also inspects and oversees residential care facilities in Valparaiso and communities statewide to ensure uniform quality of care standards.

 

• The cost of living in Valparaiso is slightly higher than other parts of the state, but it's in line with the national average. In fact, residents spend less than average on some services, including groceries and health care, which costs 10% less than the typical U.S. city. The area's reasonable cost of living may also help to moderate long-term care prices.
• Although Valparaiso has fewer physicians than most similarly sized cities, several medical facilities are located nearby, including Northwest Health - Porter and the St. Mary Medical Center in Hobart. Cutting-edge dementia care is just 50 miles away at two nationally recognized Alzheimer's research centers operated by Northwestern and Rush University.
• Valparaiso has mixed ratings for its air quality, according to the American Lung Association. Although Porter County received a B rating for particulate levels, the area experiences over two dozen high-ozone days annually. Because ozone can irritate the lungs, sensitive individuals, including seniors, children and adults with breathing conditions, may need to stay indoors at certain times of the year.
• One benefit of living in a small community like Valparaiso is the area's low crime rates, which minimize safety concerns for seniors and their families. The city's violent crime index is 11.2, less than half the national average, and the property crime index is more than seven points lower than the national average at 28 versus 35.4. Additionally, memory care facilities are equipped with advanced safety features to prevent wandering, falls and other risks.
• Valparaiso has a four-season climate with comfortable summers and snowy winters. July highs average in the lower 80s, but winter lows drop into the teens, which can create difficult conditions for seniors. Fortunately, long-term care facilities handle all exterior and interior maintenance, so residents can avoid the burden of snow removal and other chores that may become more difficult over time.