Memory Care Communities in Findlay, Ohio

Findlay’s median monthly memory care rate is around $129 higher than the nation’s cost but $40 lower than Ohio’s. Seniors in Findlay pay $421 less each month for memory care than their peers in Cleveland. However, fees are $480 higher in Findlay than in Toledo and $648 higher than in Columbus. Springfield has some of the lowest memory care fees in Ohio, with prices lower than in Findlay.  

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.

Findlay’s memory care communities charge a fee of about $5,754 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 Ohio page.

Memory care is about $1,379 more affordable than monthly nursing home care, which provides 24/7 monitoring, medical services and rehabilitation therapies in a clinical setting. Home health care includes at-home intermittent skilled nursing and therapies and runs $1,178 less than memory care. For seniors who only require help with everyday activities, assisted living and in-home care are more affordable than specialized memory care. The former provides assistance in a residential setting and is $1,151 cheaper than memory care. The latter offers visiting support to seniors aging in place and costs $797 less than memory care.

The Bureau of Regulatory Operations at the Ohio Department of Health licenses and monitors residential care homes, including memory care communities, in Findlay and elsewhere throughout the state. The bureau conducts surveys and inspections to ensure facilities comply with relevant regulations and rules.

 

• For a single homeowner senior with no mortgage or health conditions, the average yearly cost of living is $25,920 in Hancock County. This is 97% of the U.S. average for a senior with similar circumstances. The annual average living cost rises to $28,188 for seniors who rent their homes in Hancock County, which is lower than the national average of $32,220.    

 

• Ohio is fairly tax-friendly for older citizens, with zero state income tax on Social Security benefits and several tax breaks for seniors. Additionally, medications, medical equipment and groceries are exempt from sales tax.

 

• Findlay has 172 physicians per 100,000 residents, 38 less than the national average. However, local health care costs are almost 10% cheaper than the U.S. norm. Blanchard Valley Hospital provides comprehensive medical services within city limits, including diagnostics, surgical interventions and 24/7 emergency care. Furthermore, memory care communities often have on-call or on-staff nurses.

 

• Crime rates in Findlay are similar or lower than state and national averages. Residents have a 1 in 412 likelihood of being involved in a violent incident; the violent crime rate in Findlay is 2.43 compared with the Ohio average of 3.36 and the U.S. median of 4. Regarding property crime, Findlay’s rate of 18.48 aligns with the statewide average of 18.46 but is lower than the nationwide average of 19.

 

• Hancock County is a member of the Dementia Friendly America Network, indicating its commitment to support anyone impacted by dementia. Network members pledge to become more dementia-friendly through education, safety initiatives, empowerment and practical programs that enable seniors to engage in community life.

 

• The Northwest Ohio chapter of the Alzheimer’s Association operates free regional support groups and educational programs each month. Other initiatives include social engagement, advocacy and research fundraising.