Memory Care Communities in Montgomery Village, Maryland

At $9,185 per month, memory care in Montgomery Village costs about $560 more than Maryland's statewide median and $2,497 more than the national standard amount. Cumberland carries a lower rate at $6,284, as does Salisbury at $6,124, offering some of the lowest prices in the state. In Baltimore, seniors pay roughly $872 less than those in Montgomery Village, while Hagerstown's costs are positioned at $7,250.

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.

Memory care in Montgomery Village costs roughly $9,185 per month.

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 Maryland page.

In Montgomery Village, memory care costs $9,185 monthly, providing specialized services and therapies for seniors with cognitive disorders. Home care and home health care offer older adults the opportunity to age safely in place at more affordable rates of $5,911 and $6,292, respectively. Home care focuses on support with personal care tasks, while home health care includes skilled nursing services. Adult day health care, at $1,354 per month, features daytime-only activities and supervision. Seniors seeking residential personal care assistance find assisted living to be about $1,837 less expensive than memory care, at $7,348 per month. Nursing homes, which offer 24-hour medical care and supervision, present the highest costs at $12,623 for a semi-private room.

The Maryland Department of Health, Office of Health Care Quality oversees memory care communities across Montgomery Village and the state. The agency helps facilities meet state regulations to obtain licensure. It also provides a directory that allows seniors to search for communities based on their preferred location and specialized care needs.

• Dementia-Friendly America highlights Montgomery County for helping individuals with cognitive disorders access needed support. The county offers educational resources and a professionally trained public safety team to raise awareness about these disorders and create a more inclusive, age-friendly community.
• Montgomery Village earns an AARP livability index score of 61, placing it in the top half of U.S. communities. The city's cost of living ranks 32% higher than the national average. Residents pay more for transportation and housing than the average U.S. citizen but less for groceries and utilities. Memory care communities offer fixed monthly rates for services, which may help with affordability.
• Montgomery Village ranks in the top 95% of U.S. communities. It earns annual violent and property crime rates of 5.45 and 36.45 per 1,000 residents. These scores are high compared to national violent and property crime rates of 4 and 20 per 1,000 residents. However, memory care communities utilize security measures, including locked entrances and alarm systems, to enhance resident safety.
• Maryland fully taxes certain types of retirement income, such as IRA withdrawals. It's also the only state to have both an estate and an inheritance tax. However, the state doesn't tax Social Security retirement benefits and provides exclusions for pension income and 401(k) withdrawals. Seniors can use these tax breaks to pay for long-term care.
• Health care in Montgomery Village costs 0.1% more than the U.S. average. The city features 506 physicians per 100,000 population, a significantly higher number than the national norm of 210 physicians. Montgomery Village doesn't have a local hospital. However, it's less than 2 miles from Holy Cross Germantown Hospital, a state-of-the-art facility offering emergency medicine, surgical services and rehabilitative therapies. Memory care communities also provide around-the-clock medical care and transportation for off-site appointments.