Memory Care Communities in Lake Oswego, Oregon

In Lake Oswego, memory care facilities charge $6,219 per month on average for care. Although this exceeds the national norm by 11%, it aligns with the state average of $6,306 and reflects regional norms. In Bend, monthly rates come in about 3% below Lake Oswego’s average, and in Albany, seniors pay about 9% less for care. On the other hand, rates in Lake Oswego average 10% below monthly care costs in Salem and 12% below typical rates in Eugene.

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 Lake Oswego pay $6,219 per month for residential memory care services.

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 Oregon page.

Memory care residents in Lake Oswego pay $6,219 per month for care, which is moderate compared to other local senior care options. Assisted living, which doesn’t include dementia support but features housing and personal care services, costs about 20% less than memory care, and seniors who attend adult day health care pay 56% less for daytime services and recreational activities in a community setting. However, seniors who obtain private skilled nursing services through home health care or basic custodial and companion care through in-home care pay higher rates of $7,146 per month, and those who need around-the-clock medical support in a hospital-like setting pay $10,661 for nursing home care.

The Oregon Department of Human Services, which licenses and regulates all residential care communities in Lake Oswego and the rest of the state, officially recognizes memory care facilities as community-based care facilities. This department has a unique set of rules for memory care communities related to move-in and move-out criteria, security, services and staffing.

• Lake Oswego residents experience a moderate climate with mild summer and winter temperatures, which may benefit seniors who enjoy participating in outdoor recreational therapies. In the winter, daytime temperatures range from 44 to 52 degrees Fahrenheit, and in the summer, daytime highs typically fall between 76 and 84 degrees Fahrenheit. Humidity levels remain comfortable throughout the year, and the city gets about 52 inches of annual rainfall.
• Seniors in Oregon don’t pay state income taxes on their Social Security benefits, which may promote their financial stability throughout retirement. While they pay taxes at rates between 4.75% and 9.90% on other forms of income, credits are available for seniors with pensions or annual incomes of less than $22,500.
• Although Lake Oswego doesn’t have its own hospital, it sits near several major medical facilities, such as Providence Milwaukie Hospital in Milwaukie and Legacy Meridian Park Medical Center in Tualatin. Additionally, many local memory care facilities have on-staff nurses and on-call physicians who provide medical oversight and routine wellness exams.
• Lake Oswego’s air quality is moderate, which may affect the health of seniors sensitive to environmental pollutants. The American Lung Association gives the region a C for ozone pollution and records an average of 5 days annually in which smog levels may be high enough to affect vulnerable individuals, including memory care residents. Fortunately, the air quality has been improving over the past two decades.
• Crime is uncommon in Lake Oswego, and property-related crime accounts for most incidents. On a 100-point scale, the city rates 22 for property crime, coming in well below the national norm of 35.4. Violent crime is even more rare, earning the city a score of 8.4 versus 22.7 nationally.
• Lake Oswego is a relatively costly place to live, even compared to Oregon’s cost of living. On a 100-point index based on national living costs, this city scores 133.7. This exceeds the national norm by 34% and Oregon’s average by about 20 percentage points. Fortunately, the state’s Aging and Disability Resource Center has specialists who help individuals determine ways to pay for dementia care.