Memory Care Communities in Frankfort, KY

Memory Care costs in Frankfort start around $5,940 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 Frankfort 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 Kentucky page.

Frankfort, Kentucky's state capitol, has a population of about 27,000, and more than 15 percent of residents are aged 65 or older. Some of these residents may be part of the more than 71,000 Kentucky seniors living with Alzheimer's disease, and these residents can benefit from living in memory care facilities. Frankfort is home to two such facilities, with another nine located nearby.

The Kentucky Department of Aging and Independent Living certify and regulate assisted living facilities, including memory care facilities, in the state. This government agency ensures that assisted living facilities meet state standards and that staff is adequately trained to work with people with Alzheimer's disease and other cognitive impairments.

• Seniors and their families will find Frankfort's cost of living to be lower than average. On a scale where 100 represents the national average, Frankfort comes in at 82. Housing, health care and grocery costs are lower than average. Similarly, memory care expenses rank below the national median.
• Frankfort receives more rain than average, about eight inches of snow a year, and has fewer sunny days than the national average. As a result, Frankfort's climate comfort index ranks 49, which is lower than the national average. Seniors living in Frankfort will experience all four seasons, with January lows in the 20s and July highs in the 80s. 
• Violent crime rates in Frankfort are lower than average, ranking 29.2 on a scale where one represents the safest city and 100 the most dangerous. Property crime rates here, however, are higher than average, ranking 52. As a result, seniors' families may want to inquire about security policies in the memory care facilities in Frankfort.
• Kentucky is a tax-friendly state for seniors. The state does not tax social security income, which can result in some savings in seniors' bank accounts every month.