Memory Care Communities in Traverse City, Michigan

Memory care in Traverse City averages $50 less than the national norm, but families may save even more by considering other locations in Michigan, as Traverse City's costs are $262 higher than the state average. Looking at other cities in the state, Battle Creek is among the most affordable, with memory care costing $1,325 less than Traverse City. Memory care is also $575 cheaper in Jackson and $559 cheaper in Muskegon. However, it's more expensive in some locations, such as Ann Arbor, where prices are nearly 37% higher.

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.

On average, memory care costs $5,575 per month in Traverse City.

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 Michigan page.

Early-stage Alzheimer's can remain mild for many months or even years, so specialized memory care isn't always immediately necessary. Assisted living can be an ideal alternative at $1,115 less than memory care, enabling seniors to make new friends and stay active. In-home care, averaging $427 less, may suit individuals who would like to remain independent for as long as possible, while home health care, costing $236 less than memory care, offers similar benefits for seniors needing regular medical treatment. Adult day health care is the cheapest at $1,625 per month, while nursing homes typically cost $3,246 more than memory care.

Assisted living communities, nursing homes and other licensed facilities usually provide memory care in Traverse City, but specialized dementia-only communities also exist. All facilities providing this type of care must be licensed by the Michigan Department of Health and Human Services, meet minimum staff training requirements, and follow health and safety regulations.

• Traverse City has accessible health care due to its exceptionally high number of doctors. The area has 422 physicians per 100,000 people, double the U.S. average of 210. Additionally, health care costs 16.3% below the national norm.
• Munson Medical Center provides surgical and emergency care for the local community, preventing the need for seniors to travel far to manage health concerns. The region also has specialists in orthodontics, skin and ENT, providing diagnosis and treatment for common age-related conditions.
• Violent crime rates are slightly higher than average in Traverse City, ranking at 26.5 on a 100-point scale, where the national figure is 22.7. However, memory care communities usually have excellent security. Property crimes, in comparison, are less common in the area, ranking at 30.4 vs. 35.4 nationwide.
• Traverse City has a humid temperate climate with somewhat cold winters. Temperatures in January reach an average low of 15.6 degrees Fahrenheit, compared to the 21.7-degree Fahrenheit norm across the country. However, seniors sensitive to hot weather may appreciate the region's comfortable summers, with average high temperatures around 80 degrees Fahrenheit, 5.9 degrees below the national norm.
• The cost of living is reasonable in Traverse City, with a rating of 96.9 on a 100-point scale that locks the U.S. average at 100. Health care, groceries, transportation, and many lifestyle goods and services are all cheaper than usual.
• Air quality is good on average in Traverse City, based on the U.S. Air Quality Index. The AQI rating sometimes hits the moderate category, indicating potential respiratory issues for individuals with certain health conditions, but seniors can typically avoid problems by spending time indoors when this happens. Water quality, in comparison, is usually excellent.