Memory Care Communities in Greenacres, FL

Seniors and families in the Greenacres region pay $5,481 per month on average for residential dementia care services, which is hundreds of dollars over the state rate of $5,000 but a little below the national norm of $5,625. Local care costs are economically priced compared to rates in Naples, where seniors pay $6,625 for services, but in North Port, care costs are $300 below Greenacres’ average monthly rate. Similarly, rates in Punta Gorda are competitive compared to care costs in Greenacres at $4,188.

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.

In Greenacres, memory care facilities charge $5,481 per month for 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 Florida page.

Memory care facilities in Greenacres charge $5,481 per month for housing and care, making dementia care among the more expensive long-term care options in Greenacres. While nursing homes charge higher rates of $9,019 for care, other options may be more economically priced. For example, seniors without memory-related conditions pay $4,385 for standard assisted living, and agencies charge $4,195 for private in-home care and $4,385 for home health care. Adult day health care is even more affordable at $1,517.

In Greenacres, memory care facilities are licensed as assisted living facilities, and they’re governed by the Florida Agency for Health Care Administration, Bureau of Health Facility Regulation. This department enforces minimum guidelines related to care planning, nutrition services and scope of care, along with additional dementia-specific rules related to safety, staffing and staff training.

 

• Florida doesn’t have a state income tax, which may help seniors’ retirement income stretch to cover memory care expenses in Greenacres. The state also has no inheritance or estate tax, further promoting seniors’ financial security.
• The American Lung Association gives Palm Beach County, where Greenacres is located, the highest marks across all types of pollution that it measures, indicating exceptional air quality. This may make the city a good option for older adults managing certain health conditions that are exacerbated by environmental irritants.
• The cost of living in Greenacres is comparable to state and national norms, offering a moderate level of affordability for retirees. On a 100-point scale based on national living costs across over half a dozen metrics, the city scores 101.3 versus the state norm of 103.1. While this may be prohibitive for some seniors, the state funds the Long-Term Care Program to help qualified individuals pay for memory care.
• On a 100-point crime index, Greenacres scores 30.9 for violent crime and 45.5 for property-related offenses. This is a little higher than the national respective scores of 22.7 and 35.4. This may make residential memory care a preferred alternative to living alone for seniors who may be vulnerable.
• The weather in Greenacres is warm year-round, with average daytime highs ranging from 74 degrees in the winter to 90 degrees in the summer. Humidity levels are stifling throughout the summer months, and the city gets about 62 inches of rain. While this heat may be dangerous for some seniors, memory care facilities feature amenities such as individual climate control to keep residents safe and comfortable.