Memory Care Communities in Monterey, California

Memory Care costs in Monterey start around $4,945 per month on average, while the nationwide average cost of memory care is $5,694 per month.

It’s important to note that memory care rates in Monterey and the surrounding suburbs can vary widely based on factors such as location, the level of care needed, apartment size and the types of amenities offered at each community.

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 California page.

Eighteen percent of the 28,639 residents in Monterey, California, are 65 years of age or older. According to the Alzheimer’s Association, these 5,155 people have a one in six risk of developing dementia and a one in eight risk of developing Alzheimer’s disease. To serve the growing population affected by Alzheimer’s and other types of dementia, there are three memory care facilities in Monterey and one nearby in Salinas.

In California, memory care services are provided by residential care facilities (RCFs), a type of housing arrangement licensed by the Department of Social Services. These facilities can support individuals with mild dementia if the resident organizes specialized care that the facility cannot provide.

• Monterey has few facilities from which to choose in the event of a medical emergency or illness, with the nearest major hospital specializing in brain health and dementia care located in Palo Alto.
• Income from retirement accounts and pensions are fully taxed in California, although Social Security benefits are exempt. This is important for seniors and their loved ones to consider when making financial plans.
• The overall cost of living in Monterey is double the national average, and housing in this city is over four times as expensive as the rest of the US on average. This makes it difficult for families to put aside money for memory care.
• Monterey has relatively high crime rates, so it is a good idea to ask your chosen memory care provider about the security features they have in place. On a scale of 1 to 100, with 1 representing low crime, Monterey's violent crime rate is 44.3 and the property crime rate is 52.3. This is compared to the respective national medians of 31.1 and 38.1.