Memory Care Communities in Lafayette, Louisiana

Memory care in Lafayette costs about $128 more than the median cost across Louisiana, but it’s over $800 cheaper than the U.S. average. The nearby city of Monroe offers a much lower average cost at $3,313. Costs in New Orleans and Baton Rouge are slightly higher than Lafayette with median costs of $4,966 and $5,156, respectively. Houma is the most expensive city for memory care in Louisiana at $6,000 per month.

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.

Memory care in Lafayette costs about $4,813 per month. Exact rates vary based on the facility’s location and amenities.

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 Louisiana page.

For seniors who want to age in place, in-home care and home health care are both options that cost about $1,000 less than memory care. Assisted living is another cheaper option for older adults who need help with personal care and medication management at around $3,850 per month. The most expensive option with the greatest amount of skilled care is a nursing home facility, which costs about $459 more per month than memory care for a semiprivate room.

Memory care facilities in Lafayette and throughout Louisiana fall under the regulation of the Health Standards Section of the Louisiana Department of Health. This department licenses all facilities and enforces compliance with regulations to protect residents in those facilities. It also investigates complaints about various types of care facilities.

• Seniors benefit from a lower cost of living in Lafayette. The city averages 12% lower than the U.S. average cost of living overall.
• Lafayette offers a warm, sunny climate for seniors with 217 sunny days on average each year and January lows of 42 degrees Fahrenheit. While Lafayette receives more rain than average at about 38 inches per year, residents who want to avoid winter weather don’t have to deal with snow.
• Residents have access to more physicians than average with 282 physicians per 100,000 people compared to 210 on average in the United States. Health care costs are also slightly less in Lafayette with averages 2.8% less than the U.S. average.
• With multiple hospitals within city limits, seniors have easy access to health care in Lafayette. Ochsner Lafayette General Medical Center features a level II trauma center, emergency services, heart and vascular center, stroke center and other specialties. AMG Specialty Hospital Lafayette is a long-term acute care hospital providing specialized care when traditional hospitals aren’t an option due to extended care needs.
• The crime rates in Lafayette are higher than average. Violent crime is rated at 38 on a 100-point scale compared to the U.S. average of 22.7. Property crime in Lafayette is 72.9 while the U.S. average is 35.4. While those numbers might sound alarming, living in a memory care community gives seniors increased safety since they’re highly secure facilities.