Memory Care Communities in Prescott Valley, Arizona

Seniors in Prescott Valley have the same average cost for memory care as seniors nationally, which is $5,625. This cost is $625 higher than the state’s average. This is also the second highest average in the state, followed by Flagstaff at $6,250 and then Phoenix at $4,969. Yuma has the most affordable monthly memory care cost of $4,760, and in Tucson, the cost is $4,941.

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 costs in Prescott Valley vary depending on the amenities at a particular facility, but the average senior’s pay is $5,625 a 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 Arizona page.

In addition to memory care, which averages $5,625 a month, seniors can choose assisted living care, which has a monthly cost of $4,500. Seniors who stay in their own homes can get in-home care for an average of $5,053 a month, which is the same cost if they need home health care, which adds basic medical care. Adult day health care, which costs $1,842 on average, is the most affordable option in Prescott Valley, while nursing home care, averaging $6,547, is the most costly.

Memory care facilities receive licensing and oversight from the Arizona Department of Health Services. Any memory care facility in Prescott Valley must adhere to the rules set forth by the Department. Seniors and their families can contact this organization to learn about the qualifications of a particular facility or to report concerns. 

• Air quality levels in Yavapai County, including Prescott Valley, receive a B rating for ozone, the highest rating given to any county in the state. The city doesn’t measure other air quality metrics.
• Though Prescott Valley’s cost of living is slightly above national averages by 8%, the city offers affordable transportation and grocery costs. In addition, the Northern Arizona Council of Governments has a number of programs to help reduce the cost of living for area seniors.
• One of the perks of retiring in Prescott Valley is the area’s low violent crime rate of 11.5, which is substantially less than the U.S. average of 22.7. Property crime rates are also lower than national averages but by only 2 points.
• Prescott Valley’s cool winters and hot, dry summers provide variety to the climate. It also has 273 sunny days a year and only gets about 17 inches of rain and 12 inches of snow a year.
• Seniors living in Prescott Valley have access to nearby health care options, including the Yavapai Regional Medical Center, which is located in Prescott. This 137-bed hospital is the largest not-for-profit hospital in the region. The Dignity Health Yavapai Regional Medical Center is also nearby.