ElderCareCost

Elder Care Cost: Memphis, TN vs New Orleans, LA (2026)

Memphis, TN assisted living runs $3,900/month — $0/month less than New Orleans, LA's $3,900/month. That's $0/year.

Memphis, TN, TN

$3,900

assisted living/month

-$600 vs national avg

New Orleans, LA, LA

$3,900

assisted living/month

-$600 vs national avg

Memphis, TN vs New Orleans, LA — All Care Types

Monthly costs. Green = lower cost. National average shown for context.

Care Type Memphis, TN New Orleans, LA
Assisted Living $3,900/mo $3,900/mo
Nursing Home (Private) $7,900/mo $7,800/mo
In-Home Aide $4,200/mo $4,200/mo
Memory Care $5,500/mo $5,400/mo
Adult Day Care $1,250/mo $1,450/mo

Source: Genworth/CareScout Cost of Care Survey. 2026 estimates.

Annual Cost Impact

For assisted living, Memphis, TN costs $46,800/year vs New Orleans, LA's $46,800/year.

Monthly savings

$0

Annual savings

$0

2-year total savings

$0

% difference

0%

Savings = New Orleans, LA cost minus Memphis, TN cost. Assisted living only.

Overall, New Orleans, LA is more affordable — lower cost on 2 of 5 care types.

Frequently Asked Questions

Is elder care cheaper in Memphis, TN or New Orleans, LA?

Memphis, TN has lower assisted living costs at $3,900/month vs. $3,900/month in New Orleans, LA — a difference of $0/month ($0/year).

What types of elder care are compared here?

This page compares five common senior care types: assisted living, nursing home (private room), in-home aide (44 hrs/week), memory care, and adult day care. These cover the full range from part-time supervision to full residential skilled nursing care.

How do these cities compare to the national average?

The national average for assisted living is $4,500/month. Memphis, TN is $600 below the national average. New Orleans, LA is $600 below the national average.