According to Genworth Financials' 2021 Cost of Care Survey, the average cost of Memory Care in Chisago City comes to around $5,978 per month. This is higher than the national average cost of Memory Care of $5,064 per month. And if we compare the price with the Minnesota average of $4,855, it is just $1123 higher.
Memory Care rates in Chisago City and the surrounding suburbs depend on multiple factors, including location, level of care, apartment size, and amenities offered in each community.
The nearest city to Chisago City in terms of distance is Lindstrom, where Memory Care costs around $5,978 per month, The cost is similar to the monthly median Memory Care in Chisago City. Seniors in Scandia pay an average of $5,978 per month, which is similar to per month what their peers pay in Chisago City.
Older adults have multiple senior living options in Chisago City. For example, memory care is for seniors who require 24/7 supervision for dementia care. While seniors with only physical health issues would not require memory care services, there are also nursing home facilities in Chisago City available for them. But they cost more than memory care homes.
In addition, seniors who don't need 24/7 nursing care but require assistance with ADLs & IADLs only, can stay in assisted living in Chisago City. They cost much less than dementia care as they have fewer senior care requirements. Active seniors can choose independent living in Chisago City to enjoy a high quality of life after retirement.
The senior care options available in Chisago City are:
Assisted Living: Assisted living communities in Chisago City offer services that help seniors to receive assistance with ADLs & IADLs daily meal services, and recreational opportunities with other seniors in a community.
Independent Living: Independent living is for active older adults who want to downsize to a home in a retirement community but don't need help to live completely alone.
Nursing Home: Seniors who require specialized care and 24/7 supervision should look for nursing homes.
Home Care: Caregivers provide services to older adults in their home to provide primary healthcare, meal delivery services, meal preparation, and transportation to and from appointments.
Continuing Care Retirement Communities (CCRC): A CCRC accommodates Assisted living, Independent living, and Nursing Home care. This means that you can live out the rest of your life in the same setting with on-site medical care.
The median home cost in Chisago City comes at $396,000. This brings Chisago City housing index to 126.1, which is higher than the Minnesota housing index of 101.9. The overall cost of living index in Chisago City is 109 that is higher than the national average of 100 and higher than the state average of 97.2.
The population of Chisago City is 5,241. The median age in the city is 47.5, and about 21% of its population is age 65 or older.
Chisago City is quite diverse, with white, black, and Hispanic/Latino being the three most common ethnicities in the city, about 95% of residents identify as white alone.
The violent crime rate of 17.8 in Chisago City is lower than the national average of 22.7. And the property crime rate of 51.7 seems higher than the national rate of 35.4.
Seasonal Temperatures: Chisago City has a typical summer high of 83°F and a winter low of 1°F. And the yearly rainfall here is about 32 inches, while the snowfall is around 52 inch(es) on average.
Air Quality: The Average air quality index rating is usually 71, which is higher than the national average of 58.The index rating at or below 100 is considered satisfactory.
The health index of 77.3 indicates resourceful quality of healthcare services available for seniors, This index is lower than the state average of 79.7. The Chisago City hospitals cater their services to meet treatment requirements of seniors and people of all ages. Therefore, you can rest assured of getting the best possible care in Chisago City for any common or chronic health condition.
Memory care expenses in Chisago City can be higher than most other senior care options. Thus, paying for the costs can be challenging for seniors and their family members. However, seniors can look into a few benefits and payment options to pay for memory care in Chisago City.
Every state has its own Medicaid program to help low-income residents with healthcare-related costs. In addition to medical care expenses, Medicaid also covers certain long-term care costs for eligible seniors. However, you will need to meet the state-specific requirements to be approved for the Medicaid benefits in Chisago City. To pay for memory care services, Minnesota mainly uses HCBS Waivers (Home and Community Based Services). But this waiver does not finance the room and board costs in dementia care facilities.
On the other hand, Medicare doesn't generally pay for memory care facilities. Nevertheless, seniors can use regular Medicare benefits for their medical care needs in these communities.
The U.S. Department of Veterans Affairs offers veterans privileges like aid and attendance pension. Check if you are eligible for them. This pension can fund a part of your memory care payments. Visit the U.S. Department of Veterans Affairs website to get detailed information.
Retirement savings are pensions that seniors can receive after they retire from work. This pension is a fund where a certain amount of money is deposited throughout the senior's employment. The senior can pull out money periodically (monthly or yearly) to pay for senior care facilities after retirement.
A reverse mortgage is a loan. An elderly homeowner with significant home equity can borrow against the value of their property and receive funds. The money can come in a fixed monthly amount, a lump sum amount, or a credit line.
You don't always have ample time to get ready for memory care; there might be a medical emergency, and you have to move a dementia patient to the facility. That is when you can consider a third-party bridge loan. Bridge loans help to cover your expenses during the unexpected transition period. Many senior financial services offer bridge loans. You can repay the loan when you've got the cash available; e.g., you might sell a property after an emergency. However, a bridge loan is a risky option. It would be best if you approached it with caution.
Long-term care insurance (LTCI) often is a phenomenal resource for paying senior living care. However, be careful that not all LTCI policies are equal. And LTCI will not cover all your expenses. So, consult your insurance provider and get details beforehand.
Visit our Memory Care Minnesota page to find more information.
Chisago City memory care communities need to follow a comprehensive set of rules and regulations designed by Minnesota. These regulations ensure that the facilities are maintaining top-level care services for seniors. For instance, the Memory Care facilities in Chisago City go through extensive training and education for the caregivers. These enable caregivers to be skilled and professional while assisting seniors with their dementia care needs. Visit the Memory Care Minnesota page to find more information on the state-specific rules and regulations.
Several government and non-profit agencies work together in Chisago City to provide seniors with more services. These services help seniors lead a better life in the Chisago City. Depending on the Chisago City resources, they can include free meal delivery services, utility billing programs, medical programs, and others. Find out the list of available free resources for senior Memory Care in Chisago City from the Memory Care MN page.
BoomersHub can change without notice any of its compiled cost data provided by senior living communities. This data is used for informational purposes only and may have inaccuracies. In addition, actual independent living costs may vary depending on personal choices and situations.