Memory Care Cost Calculator

Monthly memory care cost from care needs and region.

Dementia Stage

Private Room

Regional Cost Index

Therapy/Programming Level

Expected Years of Care

Annual Cost Inflation (%)

Available Assets ($)

Monthly Income ($)

Tab to move between fields

Estimated Monthly Cost

$6,100.00

≈ 6 smartphones

Annual Cost$73,200.00

Daily Cost$200.00

Total Projected Cost$313,164.00

Funding Gap$0.00

Years Assets Will Last4

Savings vs. In-Home Care$11,400.00

How to Use This Calculator

Select dementia stage (early, middle, or late) to set care intensity level.
Toggle private room and set regional cost index for your area.
Select therapy/programming level (basic, enhanced, or specialized memory care).
Enter expected years of care for the total projected cost calculation.
Review monthly cost, annual cost, and total projected cost -- budget 20-30% more for late-stage care needs.

How the result changes with Regional Cost Index

Dementia Stage: 0 = Early/Mild, 1 = Moderate, 2 = Severe/Late stage. Higher stages require more staffing.
Private Room: 0 = Semi-private/shared room, 1 = Private room (typically $1,000-$1,500/mo more).
Regional Cost Index: 1.0 = national average. Rural South ~0.7, urban Northeast/West Coast ~1.3-1.6.
Therapy/Programming Level: 0 = Basic (included), 1 = Moderate (+$500/mo), 2 = Comprehensive (+$1,200/mo).
Expected Years of Care: Average memory care stay is 2-4 years, but can range widely.
Annual Cost Inflation (%): Memory care costs typically rise 4-6% per year.
Available Assets ($): Savings and assets available to fund care costs.
Monthly Income ($): Social Security, pension, and other monthly income.

Estimated Monthly Cost: Current monthly memory care cost based on your selections.
Annual Cost: Yearly cost at current rates.
Daily Cost: Daily cost of memory care.
Total Projected Cost: Cumulative cost over the expected care period with inflation.
Funding Gap: Shortfall between available funds (assets + income) and projected costs.
Years Assets Will Last: How many years your assets will cover the gap between cost and income.
Savings vs. In-Home Care: Monthly savings of facility vs. 24-hour in-home memory care.

Identify Input Parameters
4 parameters
Dementia Stage = 1, Private Room = 0, Regional Cost Index = 1, Therapy/Programming Level = 1 = 8 input(s) provided
Calculate Estimated Monthly Cost
Estimated Monthly Cost = (baseMonthly * stageMult + therapyCost) * regionIndex
6100 = $6,100
Calculate Annual Cost
Annual Cost = monthlyCost * 12
73200 = $73,200
Calculate Daily Cost
Daily Cost = monthlyCost / 30.44
200 = $200