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The 5 Best Memory Care Facilities in Albany, NY for 2024

Albany, the capital of New York State, is home to 98,617 people, of whom 13.5% are 65 and up. An estimated 10.7% of people in this age group have dementia or Alzheimer’s. This disease causes cognitive impairment that can result in mood swings, memory loss and reduced ability to manage essential activities of daily living. People with Alzheimer’s and dementia have twice as many hospital stays per year compared to those who don’t, a fact that illustrates the importance of dementia care. In Albany, deaths related to Alzheimer’s disease increased by 16.82% between 2016 and 2020, while total deaths increased at a slower rate of 14.95%.

Long-term memory care can help prevent accidents, hospitalizations and deaths related to Alzheimer’s. Staff in dementia care residences receive special training on how to handle the confusion and agitation that can accompany the disease. Memory care also often includes evidence-based interventions that can help preserve cognition, such as activities, exercise and specialized diets. This guide talks about the cost of this type of care in Albany and some of the city’s resources for seniors.

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Memory Care Facilities in Albany, New York

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What to Consider About Memory Care in Albany

The New York State Department of Health is responsible for licensing memory care facilities in Albany. It maintains a list of all the state’s licensed care homes and conducts regular inspections of them.

Benefits and Drawbacks of Memory Care in Albany

  • Albany has lots of options for health care. The city has 378 physicians per 100,000 people, which is much more than the national average of 210 per 100,000. Health care costs in the city are around 8.7% lower than the national average.
  • Crime rates in Albany are a little higher than average, with violent crime rates coming in at 19.9 points above the U.S. median of 22.7 and property crime at 16.7 points over the average of 35.4. Fortunately, senior care facilities offer good security for their residents.
  • In Albany, the overall cost of living is lower than both the state and national averages. Using an index that summarizes cost of living, Albany scores 96.5 versus the nation’s 100 and the state’s score of 121.5 points.
  • Albany gets lots of precipitation, with two more inches of rain per year than the U.S. median of 38 inches. It also gets lots of snow, at an estimated annual 52 inches, which enables a wide variety of winter activities.
  • Albany is relatively tax-friendly toward seniors — there’s no state tax on social security income and New York state offers sizable tax deductions on income from pension and retirement accounts.
  • The local St. Peter’s Hospital has been recognized as one of the best in the region.

Paying for Memory Care in Albany

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.

In Albany, seniors pay about $6,586 per month for memory care, although actual prices vary depending on the location and amenities available.

The Cost of Memory Care in Nearby Cities

Memory care costs in Albany are higher than both the state average of $5,725 per month and the national average of $5,625. Seniors in nearby Glens Falls pay $1,273 less for memory care than those in Albany. In New York City, the same type of care costs $7,187. Rochester has the state’s most affordable memory care prices, averaging $4,718 per month.

Albany

$6,586

New York

$5,725

United States

$5,625

Glens Falls

$5,313

New York City

$7,187

Rochester

$4,718

The Cost of Other Types of Senior Care

With the high cost of memory care in Albany, people looking to save money might consider assisted living, which is $1,317 per month more affordable. Homemaker services cost $5,148 per month. Home health aides are about $1,010 cheaper than memory care. Adult day health care is the most affordable type of senior care in Albany, averaging $1,268 per month. Nursing homes have the highest cost, at $13,437 for a semiprivate room.

Memory Care

$6,586

In-Home Care

$5,148

Home Health Care

$5,577

Adult Day Health Care

$1,268

Assisted Living Facility

$5,269

Nursing Home Facility (semiprivate room)

$13,437

Financial Assistance for Memory Care in Albany

In Albany there are options for seniors who need financial assistance paying for Memory Care. For more information about other options, who qualifies, and how to apply, visit our Memory Care in New York 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 New York page.

Free Memory Care Resources in Albany

In Albany, there’s a broad selection of resources for seniors affected by dementia, and some of them are listed below. They include education, entertainment and social supports that help seniors and their families navigate the challenges of Alzheimer’s.

ResourceContactService
Albany County Department for Aging(518) 447-7198The Area Agency on Aging has resources that help preserve the health of local elders. These include education, long-term care options counseling and adult protective services. Seniors can also get connected with transportation and legal aid services through this organization.
Alzheimer's Association Northeastern New York 

(800) 272-3900Serving people in Albany and the surrounding area, this charity contributes to Alzheimer's research and the development of evidence-based ways to preserve cognitive health. This organization offers education on memory loss, its progression and how people experiencing it can create a care plan for the future.
The Alzheimer’s Center at Albany Medical Center(518) 262-0800People with memory loss can access world-renowned medical experts at this center. They can perform diagnoses, inform seniors about treatment options and provide cutting-edge care based on the latest research. The early treatment offered at this center can serve to improve the quality of life of people with dementia.

Memory Care Laws and Regulations in Albany

Albany Memory Care Communities must adhere to the comprehensive set of state laws and regulations that all Memory Care Facilities in New York are required to follow. Visit our Memory Care in New York page for more information about these laws.

Reviews of Communities Nearby

Memory Care

Marc

I visited this facility

Review of Promenade at University Place

Promenade at University Place was a very nice facility. The staff was excellent. The location I thought was poor, however. It's not an ideal location because it's right on a very busy road on...

Read more

Memory Care

Marc

I visited this facility

Review of Peregrine Senior Living at Shaker

I liked the shared rooms at Peregrine Senior Living at Shaker. I liked that it seemed like it was a smaller facility, so it could give greater attention to memory care residents. The staff were...

Provider response

Thank you for taking the time to express your thoughts on our community. We are very proud of our memory care neighborhood, and it means a lot when people take notice. And thank you for pointing...

Read more

Memory Care

Reviewer#LD112122A

I visited this facility

Review of Peregrine Senior Living at Shaker

Our tour of Peregrine Senior Living at Shaker went nicely. It was a very nice facility. It was well kept, clean, and well lit. It had nice surroundings and nice courtyards. It was easily accessible...

Provider response

Thank you for your visiting our community and taking the time to share your feedback. We take pride in the cleanliness of the building and strive to provide a family-oriented atmosphere with lots...

Read more

Memory Care Facilities near Albany, NY

NiskayunaQueensburyPoughkeepsieTorringtonOneontaAgawam

Other Options in Albany, NY

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The material on this site is for informational purposes only and is not a substitute for legal, financial, professional, or medical advice or diagnosis or treatment. By using our website, you agree to the Terms of Use and Privacy Policy

Caring.com

Caring.com is a leading online destination for caregivers seeking information and support as they care for aging parents, spouses, and other loved ones. We offer thousands of original articles, helpful tools, advice from more than 50 leading experts, a community of caregivers, and a comprehensive directory of caregiving services.

 

The material on this site is for informational purposes only and is not a substitute for legal, financial, professional, or medical advice or diagnosis or treatment. By using our website, you agree to the Terms of Use and Privacy Policy

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