2026 National Senior Care Cost Index • Updated with U.S. Census ACS & CMS Medicare Data Covering 51 States & DC • 29,639 Cities • 14,676 CMS Facilities
🔍
Home › Indiana › Franklin, IN

Senior Care & Assisted Living Costs in Franklin, IN

2026 monthly care rates for Franklin (Johnson County), local Census affordability metrics, and 5 CMS-certified care facilities.

Assisted Living🏠
$5,890/mo
$70,680/yr
-5% vs U.S. avg
Memory Care🧠
$7,190/mo
$86,280/yr
-5% vs U.S. avg
In-Home Care🤝
$33.23/hr
$6,340/mo (44h/wk)
-5% vs U.S. avg
Nursing Home (Semi)🏥
$9,100/mo
Private: $10,250/mo
-5% vs U.S. avg

2026 Long-Term Care Financial & Runway Simulator

Models eldercare inflation, home equity liquidation fees (7%), income offsets & Medicaid spend-down rules.

1. Select Care Setting & Schedule
Assisted Living$5,890/mo
Memory Care$7,190/mo
Home Care$33.23/hr
Nursing Semi$9,100/mo
Nursing Priv$10,250/mo
Planning Horizon 3 Years (36 mos)
Average U.S. assisted living stay: 28–36 mos
Annual Care Inflation 4.0% / yr
Historical eldercare inflation: 3.5%–4.5%/yr
2. Monthly Income & Insurance Offsets
Social Security & Pension ($/mo)
LTC Insurance / VA Benefit ($/mo)
VA Aid & Attendance up to $2,358/mo
3. Capital & Home Equity Reserves
Liquid Savings & IRA ($)
Home Value / Equity ($) Net: $242k
Auto-deducts 7% realtor & closing costs
Total Projected Care Cost
$0
Year 1 → Year 3
Net Out-of-Pocket Gap
$0
Initial monthly shortfall: $0/mo
Annual Care Cost vs. Remaining Capital End Balance: $0
Annual Care Cost (Inflation-Adjusted) Remaining Net Capital
2026 Cost Crossover Analysis

Home Care vs. Assisted Living Break-Even Point in Franklin, IN

40.9 hrs/wk Break-even threshold

At Franklin, IN's average caregiver rate of $33.23/hr, hiring in-home care equals the $5,890/mo cost of Assisted Living at exactly 40.9 hours per week (~5.8 hrs/day).

Part-Time Care (15 hrs/wk) Crossover: 40.9 hrs/wk 24/7 Shifts (168 hrs/wk)
Home Care Cheaper 20 hrs/wk at Home
$2,880/mo

Saves $3,010/mo vs. Assisted Living (excludes home mortgage/utilities).

Full-Time Benchmark (44h/wk) 44 hrs/wk vs. Assisted Living
$6,335 vs. $5,890/mo

Full-time home care costs $445/mo more than Assisted Living (where meals & utilities are included).

Facility Cheaper 80+ hrs/wk (Day + Night)
$11,519/mo

Assisted Living saves $5,629/mo; Memory Care averages $7,190/mo.

Franklin vs. Indiana & U.S. Averages

Monthly Assisted Living cost comparison adjusted for Johnson County economic indicators.

Franklin, IN$5,890/mo
Indiana State Average$4,910/mo
U.S. National Median$6,200/mo

Johnson County Economic Context (U.S. Census)

Official ACS 5-Year benchmarks used to model local care affordability (see methodology).

Median Household Income $87,227/yr ($7,269/mo)
Median Home Value $260,400
Median Gross Rent $1,208/mo
Indiana Medicaid Limit (2026) $2,901/mo

CMS-Certified Senior Care & Nursing Facilities in Franklin, IN

Official Medicare provider registry showing certified bed capacity, ownership structure, and CMS 5-star quality ratings.

Compass Park
800 Freemason Parkway, Franklin, IN 46131 • 3177366141
167 Certified Beds Non profit - Other CCN: 155593
5/5 CMS Rating
Homeview Center Of Franklin
651 South State Street, Franklin, IN 46131 • 3177366414
119 Certified Beds Government - County CCN: 155651
5/5 CMS Rating
Franklin Meadows
1285 W Jefferson St, Franklin, IN 46131 • 3177369113
114 Certified Beds Government - County CCN: 155171
5/5 CMS Rating
Hickory Creek At Franklin
580 Lemley Street, Franklin, IN 46131 • 3177368214
36 Certified Beds For profit - Corporation CCN: 155442
5/5 CMS Rating
Otterbein Franklin Seniorlife Comm Res & Com Care
1070 W Jefferson St, Franklin, IN 46131 • 3177367185
208 Certified Beds Non profit - Church related CCN: 155771
3/5 CMS Rating

Frequently Asked Questions About Senior Care in Franklin

The estimated median cost of assisted living in Franklin, IN is $5,890 per month ($70,680 per year), adjusted for Johnson County housing and income data.
A semi-private room in a skilled nursing facility in Franklin averages $9,100 per month, while a private room averages $10,250 per month.
In-home caregiver services in Franklin, IN average $33.23 per hour, or roughly $6,340 per month for 44 hours of weekly care.
For 2026, the standard monthly income cap for Medicaid nursing home and HCBS waiver eligibility in Indiana is $2,901 per individual applicant.

Compare Senior Care Costs in Nearby Indiana Cities

Needham, IN $5,890/mo Whiteland, IN $5,890/mo Bargersville, IN $5,890/mo Nineveh, IN $5,890/mo Edinburgh, IN $5,890/mo Greenwood, IN $5,890/mo Boggstown, IN $4,730/mo Trafalgar, IN $5,890/mo Taylorsville, IN $5,420/mo Fairland, IN $4,730/mo Beech Grove, IN $4,900/mo Morgantown, IN $5,050/mo