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The 10 Best Assisted Living Facilities in New Albany, IN for 2024

Assisted living facilities are ideal for older adults who need some help with daily living activities and want the convenience of daily meal services, housekeeping and laundry services and access to social and recreational programming. These residential facilities provide care for those who can’t live independently but don’t need around-the-clock monitoring or medical services. On average, seniors in New Albany pay $4,557 per month, which is a little higher than state and national medians. 

This introductory guide to assisted living in New Albany outlines the benefits and drawbacks of living in this city, as well as information on how local facilities are monitored. It also provides in-depth information on senior care costs in the city and a list of resources available to seniors.

Assisted Living Facilities in New Albany, Indiana

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What to Consider About Assisted Living in New Albany

The Indiana Department of Health, Residential Care Facility Licensing Program, oversees assisted living facilities in New Albany. Local facilities comply with state-mandated requirements related to care planning, intake and discharge procedures and staffing to ensure high-quality care.

Benefits and Drawbacks of Assisted Living in New Albany

  • New Albany’s overall cost of living is consistent with the statewide median but about 17% lower than the nation as a whole, which may make it a cost-effective option for those with restrictive budgets. Housing is particularly affordable, but residents also save money on transportation expenses such as gasoline, auto insurance and public transportation.
  • Income drawn from public and private pensions and retirement savings accounts is fully taxed at the state level, which may impact how much money New Albany seniors can put towards assisted living expenses. However, Social Security benefits are fully exempt from state income taxes, minimizing the tax burden for those who rely primarily on this type of income.   
  • New Albany’s weather tends to be extreme, with cold winters and warm summers. Overall, the city rates slightly higher than the nation as a whole on a 10-point comfort index with a score of 7.3. Summer highs are in the upper-80s and winter lows are in the mid-20s, and the city gets about 45 inches of rain but just 8 inches of snow, which may benefit those who rely on mobility aids.  
  • Property crime is somewhat prevalent in New Albany, rating 74.9 on a 100-point index versus the national average of 35.4. However, violent crime is uncommon with a score of 14 compared to the nation’s 22.7. This type of crime has been steadily dropping for the past two decades, which may provide peace of mind for older residents. The majority of assisted living residences also have security measures in place to ensure the safety of residents. 
  • Healthcare costs in New Albany are about 20% cheaper than the nation as a whole and may promote cost savings for those managing chronic conditions. However, there are only about 180 doctors per 100,000 people compared to the national average rate of 210, which may result in slightly longer wait times for primary and specialty care. Two high-ranking hospitals are located within the city, including Physicians’ Medical Center and Baptist Health Floyd.

Paying for Assisted Living in New Albany

Seniors in New Albany pay $4,557 per month for assisted living, compared to the state median of $4,382 and the national rate of $4,300.

The Cost of Assisted Living in Nearby Cities

With monthly fees coming in a little higher than the statewide average at $4,557, New Albany is one of the more expensive Hoosier cities for assisted living. Those seeking more affordable care may consider Fort Wayne, where care costs are over $1,000 lower at $3,503 per month, or Bloomington, which has the most competitive rates in the state of $2,840. However, several cities are costlier for assisted living, including Muncie, where facilities charge $4,645, and South Bend, where fees are the highest in the state at $4,819.





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The Cost of Other Types of Senior Care

Seniors in New Albany have several care options to choose from depending on their living preferences and budget. In general, those who live in a private home pay less for senior care, but because monthly rates don’t cover housing and meals, they may not actually save money. Homemaker services feature a similar scope of care to assisted living and cost $4,195 monthly, and those needing skilled nursing may opt for home health aide services for $4,385. Adult day health care is cheapest at $1,603. Assisted living comes in at $4,557 per month, and nursing home care is the most expensive at $7,148 for shared rooms and $8,334 for private rooms.

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Financial Assistance for Assisted Living in New Albany

Indiana’s Regional Care Assistance Program (RCAP) helps seniors pay for the monthly cost of assisted living. The state also offers a Medicaid Waiver program, but it only covers costs for seniors residing in an RCF.

Learn more about these programs, plus who’s eligible, on our Assisted Living in Indiana page.

Financial Assistance in Indiana

More Ways to Pay for Assisted Living

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

  • Veterans Benefits
  • Life Insurance Policy
  • Long-Term Care Insurance
  • Reverse Mortgage

For more information about different ways to finance assisted living, visit our Assisted Living in Indiana page.

Free Assisted Living Resources in New Albany

Researching assisted living options can be challenging, but the New Albany area is home to several agencies that help seniors plan for their long-term care needs. The following table features local programs and organizations that provide individuals with one-on-one assistance with finding the right assisted living facility, understanding contacts, identifying payment options and resolving legal, financial and interpersonal issues.

LifeSpan Resources (812) 948-8330LifeSpan Resources is the Area Agency on Aging for New Albany. This local nonprofit organization provides a range of free and low-cost services to support seniors’ independence and quality of life. It’s the Aging & Disability Resource Center for the region, providing a single gateway to services and supports in the community along with one-on-one consultations to help seniors connect with the right services for their needs.
Floyd County Veterans Service Office (812) 948-5495The Floyd County Veterans Service Office helps local veterans obtain the benefits they’re entitled to, including the Aid and Attendance benefit, disability compensation and pension programs, which can help cover assisted living expenses. It also helps qualifying veterans obtain healthcare services and community supports such as transportation and financial assistance.
Indiana Legal Services (812) 945-4123Indiana Legal Services’ New Albany office is staffed with licensed legal professionals specializing in age-related issues. At this location, older adults get help with drafting wills, assigning guardianship and powers of attorney and accessing public benefits that can help cover assisted living. The office can also help resolve issues such as Social Security overpayment, denied health insurance claims and problems related to assisted living.
Retired & Senior Volunteer Program (812) 206-1800RSVP is a nationwide program that connects older adults with exclusive volunteer opportunities in their communities. Through this program, those aged 55 and over get one-on-one help finding volunteer options that fit their interests, experience and levels of ability. Some opportunities include tutoring and mentoring children in the community, distributing food at food banks and providing friendly phone calls to housebound community members.
Indiana Long-Term Care Ombudsman Program (800) 622-4484The Indiana Long-Term Care Ombudsman Program promotes the quality of life for those in assisted living by ensuring that residents understand their rights and facilities operate according to state-mandated guidelines. The ombudsman can also field and investigate reports of abuse, neglect or exploitation in residential care communities.

Assisted Living Laws and Regulations in New Albany

New Albany-area assisted living communities must adhere to the comprehensive set of state laws and regulations that all assisted living communities in Indiana are required to follow. Visit our Assisted Living in Indiana page for more information about these laws.

Assisted Living Laws and Regulations in Indiana

Reviews of Communities Nearby

Assisted Living


I am/was a resident of this facility

Review of Bennett Place

Staff is caring and welcoming. The nurse working days, Lauren, goes out of her way to meet the needs and wants of the residents. She even cleaned my room when I needed assistance and the...

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Assisted Living


I am a friend or relative of a current/past resident

Review of Bennett Place

Bennett Place is great and I have no issues with it. We picked it for my dad because I like the size of it. It's smaller, so it's more intimate and will get to know people better. The staff members...

Read more

Assisted Living


I am/was a resident of this facility

Review of Hellenic Senior Living Of New Albany

I've been living in Hellenic Senior Living. It was a new building when I moved in here. It's a beautiful building. It's a nice place to be. It's very comfortable. They are being very cautious and...

Read more

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Assisted Living near New Albany, IN

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Other Options in New Albany, IN

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