Get Pricing & Availability for Assisted Living in Louisville, KY
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Page Reviewed / Updated – January 10, 2024
Like many cities in Kentucky, Louisville presents itself as an affordable retirement destination. In Kentucky Social Security benefits are tax-exempt and deductions are available for other types of retirement income. Louisville’s cost of living is over 10% lower than the U.S. average, allowing seniors to save on monthly expenses such as housing costs and groceries.
In terms of senior care, the average cost of assisted living in Louisville is $3,871 per month. While slightly higher than the state median ($3,748), local costs are considerably lower than the national average ($4,459). Health costs are also around 10% less than in the average American city.
This guide offers more detail about assisted living in Louisville, including cost data and local support resources.
The Cost of Assisted Living in Louisville, KY
When determining how to finance Assisted Living, it’s essential to first know the expense involved for your loved one to join a reputable community. With the ongoing increase in costs, having current information is crucial when budgeting for senior care. To help highlight the influence of inflation on senior living expenses, PayingForSeniorCare.com has collected cost data from its extensive network of over 75,000 senior living communities. This data represents the average cost of Assisted Living in Louisville and in 21 other cities in Kentucky.
Inflation & the Cost of Assisted Living in Louisville, KY
Between 2022 and 2023, assisted living pricing in Louisville increased by roughly 10%. The U.S. average also saw a 10% spike during this time, while the state median observed a larger increase of 14%. In Lexington, costs rose from $4,375 to $4,793, while current costs in Frankfort and Bowling Green are $2,950 and $3,175, respectively.
Costs are projected to continue on this trend into 2024. It’s estimated that average rates in Louisville will be $4,169, which is lower than the predicted state median of $4,397. This shows how important it is to plan ahead for senior care.
Location |
2022 Cost (Historical) |
2023 Cost (Current) |
2024 Cost (Estimated) |
Louisville |
$3,533 |
$3,871 |
$4,169 |
U.S. Average |
$4,070 |
$4,459 |
$4,802 |
Kentucky |
$3,288 |
$3,748 |
$4,397 |
Lexington |
$4,375 |
$4,793 |
$5,162 |
Frankfort |
$2,693 |
$2,950 |
$3,177 |
Bowling Green |
$2,896 |
$3,173 |
$3,417 |
The Cost of Other Types of Care in Louisville, KY
The cost of senior care in Louisville can be influenced by a number of factors, including facility amenities, specialized programming and the level of care provided. For this reason, memory care sees the highest costs at $4,514 as services are tailored for individuals with dementia. On the other end of the spectrum, independent living is designed for self-reliance and the least expensive at $2,773. Assisted living, which provides personalized daily assistance, costs $3,871 per month.
Care Type |
Cost |
Assisted Living |
$3,871 |
Memory Care |
$4,514 |
Independent Living |
$2,773 |
Financial Assistance for Assisted Living in Louisville, KY
Other Ways To Pay for Assisted Living in Louisville, KY
Since not everyone can afford to pay for assisted living out-of-pocket, it’s important to find alternative methods to help make assisted living more affordable. Some of these options include:
- Veterans Benefits
- Life Insurance Policy
- Long-Term Care Insurance
- Reverse Mortgage
For additional information and planning, read our comprehensive guide to paying for senior care in Kentucky.
Free Resources for Seniors in Louisville, KY
Seniors in Louisville can access a wide range of resources and services to assist them in researching local assisted living communities, identifying ways to pay for care and making contact with community-based services.
Resource |
Contact |
Service |
The Office for Aging & Disabled Citizens | (502) 574-5092 | The Office for Aging & Disabled Citizens encourages policies that enhance seniors’ quality of life. It provides access to information for older adults and serves as a resource for individuals and groups on aging matters. |
ElderServe Senior Center | (502) 778-7418 | ElderServe Senior Center helps seniors access community resources as well as educational sessions on cholesterol, diabetes, medication management and elder abuse. It also promotes companionship between seniors and volunteers and matches them based on mutual interests. |
Long-Term Care Ombudsman |
(800) 372-2973 |
The Kentucky Long-Term Care Ombudsman program advocates for seniors in long-term care facilities to improve care and create positive change. The organization makes use of over 80 trained volunteer ombudsmen who pay regular visits to long-term care communities to monitor the care and conditions provided. |
KIPDA |
(502) 266-6084 |
Kentuckiana Regional Planning & Development Agency provides transportation for seniors to assure that they have access to their communities, services and medical appointments. Seniors need to be 60 years and over to access services and must be using transportation for non-emergency reasons. It also offers transportation to senior centers and nutrition sites. |
Rules and Regulations for Assisted Living Facilities in Louisville, KY
Assisted Living Communities in Louisville are required to follow a set of rules and regulations that are determined by the state. For an overview of those rules and regulations, see the information below. For more specific information, talk with your local community or Area Agency on Aging.