10 Memory Care Facilities near Lexington, KY
Also serving communities of Richmond, Cynthiana, Danville.
There are 10 Memory Care Facilities in the Lexington area, with 9 in Lexington and 1 nearby.
The average cost of memory care in Lexington is $5,109 per month. This is higher than the national median of $4,795. Cheaper nearby regions include Georgetown with an average starting cost of $5,000.
To help you with your search, browse the 12 reviews below for memory care facilities in Lexington. On average, consumers rate memory care in Lexington 4.6 out of 5 stars.
Caring.com has helped thousands of families find high-quality senior care. To speak with one of our Family Advisors about memory care options and costs in Lexington, call (855) 863-8283.
9 Memory Care Facilities in Lexington, KY
1 Memory Care Facility near Lexington, KY
What to Consider About Memory Care in Lexington
In Kentucky, an estimated 71,000 seniors are living with Alzheimer's disease in 2018, and that number is projected to grow to 86,000 by 2025, according to the Alzheimer's Association. About 11 percent of Lexington's population is aged 65 or older, and those who have been diagnosed with dementia may need to utilize one of the seven memory care facilities in the city, or the other two nearby. In Lexington, like the rest of Kentucky, the Kentucky Department for Aging and Independent Living oversees, licenses and regulates assisted living communities.
- Lexington's cost of living is appealing to seniors on a budget, coming in at 95 on a scale where 100 equals the national average. While seniors can save on healthcare, groceries and transportation, they will find that memory care facility expenses in Lexington are higher than the national average.
- Seniors in Kentucky do not have to pay taxes on social security income. As a result, they can have some extra cash in their budget every month to put toward memory care facility expenses.
- Seniors who enjoy all four seasons will find Lexington's climate favorable. The city experiences hot summers featuring highs in the upper 80s and cold winters with lows in the 20s. In addition, the area sees roughly 10 inches of snow annually. Rainfall totals in Lexington are higher than the national average as well; the city gets about 46 inches of rain a year, higher than the U.S. average of 39 inches.
- Lexington is home to world-class medical facilities, including those specializing in brain health and dementia care such as Baptist Health and Saint Joseph Hospital, in the event of medical emergencies or illness.
Paying for Memory Care in Lexington
Average Monthly Costs
Cities in Kentucky
Memory Care costs in Lexington start around $5,109 per month on average, while the nationwide average cost of memory care is $4,890 per month.
It’s important to note that memory care rates in Lexington 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.
Financial Assistance for Memory Care in Lexington
Learn more about these programs, plus who’s eligible, on our Memory Care in Kentucky page.
More Ways to Pay 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 Kentucky page.
Free Memory Care Resources in Lexington
Lexington and the surrounding area are home to numerous government agencies and non-profit organizations offering help for seniors searching for or currently residing in a memory care community. These organizations can also provide assistance in a number of other eldercare services such as geriatric care management, elder law advice, estate planning, finding home care and health and wellness programs.
To see a list of free memory care resources in Lexington, please visit our Memory Care in Kentucky page.
Memory Care Laws and Regulations in Lexington
Lexington-area memory care communities must adhere to the comprehensive set of state laws and regulations that all memory care communities in Kentucky are required to follow. Visit our Memory Care in Kentucky page for more information about these laws.
Other Options in Lexington, KY
Recent Reviews of Memory Care in Lexington
Review of Magnolia Springs Lexington
Magnolia Springs was a beautiful place but in an inconvenient location on the northwest side of Lexington and away outside of town. When you start with all the add-ons, it is the most expensive of ... Read more
Review of Magnolia Springs Lexington
Our mother is an 86 year old resident in Memory Way at Magnolia Springs. We are blessed to have the care of the staff for her. They treat our little Mom like family - Mom loves all the staff an... Read more
Review of The Lantern at Morning Pointe of Lexington
My husband ended up being at The Lantern at Morning Pointe of Lexington. The food was horrible. He was only there for about four months. When he first went, I was fine with it, but as time went on,... Read more