Memory Care Communities in Coon Rapids, Minnesota

Memory care facilities in the Coon Rapids region charge roughly $6,454 per month, which surpasses the Minnesota cost of $5,635 and the national norm of $5,625 by hundreds of dollars. Seniors find more economically priced care in neighboring communities, such as Mankato, where rates are significantly lower than in Coon Rapids at $3,919. Similarly, rates in St. Cloud and Rochester come in competitively at $5,125 and $5,225, respectively.

 

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 Coon Rapids, memory care residents pay around $6,454 monthly.

 

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 Minnesota page.

Coon Rapids seniors pay about $6,454 for memory care per month, which is moderate compared to other options within the city. Seniors in standard assisted living facilities don’t receive memory care but have access to personal care, housekeeping and meal preparation for lower monthly rates of $5,163. For seniors who live at home and attend adult day health care, rates are even lower at $2,102 and include skilled nursing, personal care and recreational activities. By contrast, memory care is cost-effective compared to the $7,055 seniors pay for in-home care, an option that includes nonmedical assistance, and home health care, which includes skilled nursing. Nursing home care provides around-the-clock monitoring and medical support and costs a higher monthly rate of $11,708.

 

All memory care facilities in Coon Rapids comply with regulations set by the Minnesota Department of Health, Health Regulation Division. This agency conducts routine inspections and requires facilities to complete an annual licensing process, and it publishes information on residents’ rights. The agency also enforces rules for minimum housing, care planning and staffing standards, and it investigates complaints of noncompliance.

 

• Unlike most states, Minnesota taxes Social Security benefits and all other forms of retirement income. Rates are high, ranging from 5.25% to 9.85% for single filers, depending on their annual income, surpassing the national norm. Fortunately, seniors whose provisional income is below $69,250 can subtract up to $4,560 from their taxable Social Security income. Those who don’t draw Social Security but have a government pension can claim a deduction of up to $12,500, leaving more money in the bank for memory care in Coon Rapids.
• Mercy Hospital operates a campus in Coon Rapids, giving memory care residents access to a diverse range of primary and specialty care services. It specializes in general surgery, orthopedics and heart care, and it houses the Allina Health Neuroscience Program, which provides diagnostic services and treatment for conditions such as Alzheimer’s and related memory disorders.
• Anoka County, which houses Coon Rapids, sits in the 50-75th percentile for health outcomes and ranks 23rd out of 87 ranked states in Minnesota for general health. The region’s average life expectancy of 81 years exceeds the state norm of 80.4 years and the nation’s average of 78.5, and about 11% of adults in the county consider themselves to be in fair or poor health versus 12% nationally.
• Coon Rapids ranks safer than 20% of U.S. neighborhoods and has a crime rate of 21 incidents per 1,000 residents, and its crime rate runs higher than 84% of communities in Minnesota. However, there are several neighborhoods in the city that with minimal crime, including Coon Rapids North and the Oaks of Shenandoah neighborhood, providing options for those seeking memory care in safe communities.
• On the AARP Livability Index, Coon Rapids has a high score of 62, exceeding the national average by 14 points and indicating a welcoming environment for seniors. There are 3.5 parks and 0.4 grocery stores within a 0.5-mile radius of any point in the city, and the comparatively high walkability score of 10.11 benefits those visiting loved ones in long-term care. Additionally, unlike most of the country, this region doesn’t report a shortage in health care professionals.