Memory Care Communities in Fishers, IN

Memory care in Fishers is about $27 cheaper than the national norm, but it's roughly $244 costlier than the state average. Data from nearby cities shows a wide range of monthly rates. The average cost of care in Bloomington is 4.3% below that of Fishers, while the average cost in Kokomo is 27.4% lower. In contrast, memory care in Columbus is 4% more expensive, and care in Lafayette is 17.3% costlier.

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 Fishers pay an average of $5,598 monthly for memory care.

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 Indiana page.

The cost of senior care varies based on services and amenities. In Fishers, memory care is usually about 25% more expensive than standard assisted living, which is designed for seniors without dementia. In-home care also primarily serves older adults without dementia, offering one-on-one help with daily tasks for about $545 less than memory care.

Similarly, home health care provides one-on-one medical services at home for roughly $641 less than memory care, while adult day health care offers daytime medical supervision in a communal setting for $3,973 less, on average. On the other hand, nursing home care is more expensive. These facilities charge about 26% more than memory care communities as they offer intensive, 24/7 medical support.

Indiana's Department of Health operates the Residential Care Facility Licensing and Certification Program, which is responsible for monitoring memory care facilities throughout the state. This program enforces safety rules, investigates complaints about care quality and implements health care standards to protect seniors receiving memory care in Fishers.

• Fishers is a member of the AARP Network of Age-Friendly Network of Communities, indicating the city is enhancing its senior-friendliness. This includes improving disability-friendly transportation and creating free or low-cost resources for older adults.

• Crime rates in Fishers are lower than average, making it a good option for seniors and families looking for safe areas to settle. Additionally, the FBI reports that violent crime rates throughout Indiana have dropped significantly in recent years. For added peace of mind, many memory care communities feature extensive safety monitoring systems, including cameras and secure entrances.

• Air quality can have a major impact on seniors' health. Fortunately, the American Lung Association reports that the Fishers area has low pollution levels. As part of Hamilton County, the city generally has good ozone ratings and appropriate levels of particle pollution, contributing to a healthy living environment for older adults.

• The overall climate in Fishers is somewhat cloudy and wet, with 5 more inches of annual rainfall than the national average. Still, summer in the city is warm and pleasant. Highs hover around 74 degrees Fahrenheit, and humidity levels rarely become uncomfortable. Winter is much colder, with lows dipping to around 22 degrees Fahrenheit, but memory care communities often have numerous indoor activities and amenities to keep residents active during unpleasant weather.

• IU Health Saxony Hospital serves residents of Fishers through its 44-bed facility, including specialties in cardiovascular treatment and primary care. Seniors can also access Riverview Health Emergency Room & Urgent Care, which has several highly rated facilities in and around the Fishers area.

• Seniors in Fishers can benefit from numerous support services through the county and city governments, including Project Lifesaver, which provides free tracking devices to monitor the location of people with dementia.