Communities in Elyria, OH

Elyria seniors pay around $6,230 per month for memory care, providing hundreds of dollars in monthly savings over Ohio’s median rate of $6,618 and the national norm of approximately $6,688. Local rates also compare favorably to fees in Akron and Canton, where respective monthly care costs come in near $6,738 and $7,500. However, in Youngstown, residents pay about $400 less for care, and in Mansfield, facilities charge around $920 less.

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.

The median monthly rate for memory care services in Elyria comes to $6,230.

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 Ohio page.

Elyria memory care residents pay around $6,230 per month for residential services. Although this offers a savings of about $2,400 over the cost of nursing home care, which provides 24-hour skilled nursing services and medical supervision, other local long-term care options typically cost less. For example, seniors who need skilled nursing services at home pay around $6,101 for home health care, while seniors who obtain nonmedical personal care services and companionship at home pay approximately $5,339 for in-home care. Additionally, assisted living costs about $1,250 less than memory care and provides housing for seniors who need personal care but don’t require memory support.

The Ohio Department of Health, Bureau of Regulatory Operations, monitors memory care communities in Elyria and officially licenses them as residential care facilities. It requires all facilities to meet minimum licensing standards for the scope of services they provide, the number of residents they accommodate and the staffing minimums they maintain. It also conducts unannounced inspections on a regular basis.

• Dementia Friends Ohio serves seniors and families in Elyria and the rest of the state through a range of initiatives, including informational resources, early-stage engagement opportunities and support groups. This can supplement the services individuals receive through local memory care facilities and promote access to effective treatment.
• Ohio seniors don’t pay state income taxes on their Social Security benefits, leaving more money available for local memory care expenses. Although the state taxes other forms of retirement income, it provides credits to offset seniors’ tax liability.  
• UH Elyria Medical Center sits in Elyria and provides 24-hour emergency care, along with a variety of inpatient and outpatient treatments and services. It specializes in general surgery and trauma, cardiovascular care, orthopedics and laboratory services, and it offers access to a variety of clinical studies and trials.
• Elyria serves as a relatively inexpensive place to live, with a cost of living that comes in 19% below the national benchmark and 2% below Ohio’s norm. Housing prices run especially low here, with homes costing about half as much as in a typical U.S. city, which can drive down the cost of memory care.
• In a typical year, Elyria reports about 21 crimes per 1,000 people, including two violent offenses and 19 property-related infractions. Although the property crime rate aligns with national norms, the violent crime rate runs about half the U.S. average, making the city an attractive option for families seeking a safe environment for a loved one with memory loss. Those with safety concerns may seek memory care services in neighborhoods such as Elyria Southwest, Spring Valley and Laporte, where the city observes even less crime.