According to Seniorly’s 2023-2024 pricing data, families are paying an average of $5,980 per month for memory care communities in Studio City. The national average for memory care costs in 2023 was $6,348. Overall, memory care costs in Studio City are 6% lower than the national average.
The figures below show the average monthly starting costs for Memory Care of nearby cities. Keep in mind that these figures are an average, and that the numbers used to calculate it spanned a wide range. In fact, Seniorly data suggests that most families will underestimate their monthly budget by almost 20%, meaning that once inclusions and services are factored in, they can actually afford more than they originally thought.
Memory Care prices have fallen an average of 15.6% a year since last year. Below is the median cost each year and its percent decrease, according to our proprietary data. On average, memory care in Studio City, CA is $5,980/mo.
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Number of memory care communities in Studio City, CA
Number of memory care communities in Los Angeles County
Excellent
Seniorly Community Score
The Seniorly Community Score is a comprehensive and unbiased rating system that takes into account multiple factors crucial to senior living quality. We've meticulously analyzed thousands of senior living communities across the country to create an innovative and accurate assessment of each community's strengths and offerings. The Seniorly Community Score employs a user-friendly scale from 1 to 10, with 10 signifying an exceptional senior living community and 1 representing the lower end of quality, ensuring an easy-to-understand and transparent evaluation for families.
Studio City memory care communities had an average of 4 citations in 2023. This is 58.2% lower than the Los Angeles County average of 9.57 citations and 45.27% lower than the California average of 7.31 citations.
What are citations?
Citations are official notifications issued by regulatory agencies during inspections of memory care facilities. These citations are given when violations or deficiencies related to resident safety, care, or adherence to regulations are identified. They serve as a means to highlight areas where the facility may not be meeting the required standards, prompting the need for corrective action. Citations can range in severity, with Type A citations addressing more serious violations that may pose potential harm to residents, and Type B citations addressing less severe infractions.
Studio City memory care communities had an average of 12 allegations in 2023. This is 44.69% lower than the Los Angeles County average of 21.7 allegations and 17.17% lower than the California average of 14.49 allegations.
What are allegations?
Allegations are critical in California memory care licensing compliance as they signal potential issues and trigger thorough investigations. By addressing allegations promptly, regulators can enforce corrective actions, ensuring a safe and supportive environment for senior living communities' residents. Maintaining accountability through investigations helps uphold the highest standards of care in the industry.
Studio City memory care communities had an average of 4 inspections in 2023. This is 78.22% higher than the Los Angeles County average of 2.24 inspections and 48.29% higher than the California average of 2.7 inspections. A lower number of inspections in memory care facilities is actually better because it indicates a higher level of consistent compliance with regulations and standards.
What are inspections?
Inspections play a vital role in the context of California memory care licensing compliance as they are key to maintaining the highest standards of care and safety for seniors. Regular and thorough inspections are conducted by regulatory authorities to assess whether memory care facilities meet the required licensing standards and regulations. These inspections help identify any potential issues, deficiencies, or violations within the facilities, ensuring prompt corrective actions and improvements are implemented. By holding facilities accountable through inspections, California can ensure that seniors residing in these communities receive the best possible care and support, fostering an environment of trust and confidence for families seeking suitable living options for their loved ones.
| Compare memory care cost to nearby cities | Average monthly cost |
|---|---|
| Studio City | $6,040 |
| Valley Village | $6,235 |
| North Hollywood | $6,486 |
| Sherman Oaks | $5,708 |
| Van Nuys | $6,175 |
| Burbank | $5,943 |
| Sun Valley | $6,402 |
| Panorama City | $5,736 |
| Glendale | $6,335 |
| Encino | $5,565 |
| Culver City | $6,105 |