We're still building out our memory care directory for Lake Placid, FL. The median estimated cost is $6,853/mo. That's roughly in line with the Florida state median. Browse nearby cities or the Florida page while we finish adding local providers.
Not sure which type of care fits? Take our 3-question care quiz →
Median monthly price, Lake Placid
$6,853/mo
Estimated range $6,578 – $7,127
● Lake Placid $6,853 ○ National median $7,788
Source: Based on 2025 assisted living costs plus a memory care premium
2025 figures
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Home care in Lake Placid runs about $31 an hour. Here is what common schedules cost a month:
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Medicare generally does not cover long-term custodial care. Families usually combine private pay, long-term care insurance, VA Aid and Attendance, or a Medicaid waiver where they qualify. See paying for care and the state Medicaid guides.
Here is what different monthly budgets cover in Lake Placid.
Florida's public data download doesn't say which communities offer dementia care. These licensed assisted living communities in Lake Placid are worth calling to ask.
In the last 365 days: 7 newly licensed. Counts come from our ingestion diffs, not a complete state registry dump.
Lake Placid, in Highlands County, has about 2,477 residents. About 625 of them (25%) are 65 or older. The median household income is $47,018.
Source: US Census BureauArea Agency on Aging serving this city.
State Long-Term Care Ombudsman program.
State Health Insurance Assistance Program (SHIP).
Statewide help for older adults, people with disabilities and caregivers.
Primary Care Community-Based Outpatient Clinic in Sebring.
Can help pay for care if your parent qualifies.
National helplines, including the Eldercare Locator and 211, are listed on paying for care.
Veterans & surviving spouses: VA Aid & Attendance can help wartime veterans who qualify. How Aid & Attendance works →
Lake Placid's median memory care cost is about 2% lower than the Florida state median.
Tell us what you need and your budget, and we will email you licensed options right away.
Reading up first? Memory Care across Florida → · Memory Care cost across Florida → · Memory Care vs Assisted Living →
Touring this week? Print our checklist: what to ask on a tour, what to notice, and the license paperwork to request. Or email it to yourself to have it on your phone.