The 10 Best Memory Care Facilities in Centennial, CO for 2024

According to the CDC, the number of Alzheimer’s deaths in Centennial, CO, is on the rise. From 2016 to 2020, the number of deaths from Alzheimer’s increased by 32.3%, compared to an increase of 29.2% for all deaths. This is a large concern for the 16.4% of the city’s population aged 65 and older, as the Alzheimer’s Association estimates that at least 10% of those in this age group will struggle with dementia. This number is expected to continue to rise.

Dementia care serves as a resource to battle and live with the effects of Alzheimer’s. Memory care communities in Centennial provide a secure, comfortable environment and 24/7 monitoring to help reduce the risks associated with memory loss. Specially trained staff guides seniors through the stages of memory loss, keeping them safe and enabling the highest quality of life possible. This guide provides guidance on the costs of memory care in Centennial, local resources for seniors and their families and a deeper look at Centennial as a retirement destination.

Memory care communities in Centennial are under the oversight of the Colorado Department of Health and Environment. The Department licenses and monitors these care environments and investigates accusations of abuse and neglect.

• The overall cost of living in Centennial is higher than both state and national averages. While housing, grocery and transportation costs are all above average, seniors save money with affordable health care and lower-than-average utility costs. In addition, the Arapahoe County Department of Public Health has a number of resources to help lower the cost of living for seniors.
• The climate in Centennial offers warm summers with cold, sometimes harsh winters, similar to the climate of most regions of Colorado. Snow is the more common form of precipitation, with 73 inches a year on average. The area sees approximately 245 sunny days per year.
• Centennial’s low crime rates are one of the perks of retiring in this city. The violent crime rate is 13.1 compared to a national average of 22.7, and property crime rates fall 15 points lower than the U.S. as a whole.
• A large yearly tax deduction on retirement income for seniors makes Colorado a tax-friendly city for retirees. Though the state’s average sales tax is higher than average, groceries and medicine are not taxed, which helps seniors save on essentials.
• Because of its close proximity to Denver, Centennial is part of Denver’s Regional Transportation District transit system. Seniors can access affordable transportation, including the Access-a-Ride program. The first $25 of any trip on Access-a-Ride is subsidized, so many local trips are free for seniors living with disabilities.

Note: Residential memory care is usually offered in assisted living facilities, and in general, memory care rates tend to be 20-30% higher than assisted living rates. No national database currently tracks memory care costs in the United States, so we’ve estimated the monthly memory care costs listed below by adding 25% to the rates listed in Genworth’s 2021 Cost of Care Survey.

The average cost for memory care in Centennial is $6,875 a month, with the amount varying depending on the amenities offered at the community.

Centennial’s memory care costs are $937 higher per month compared to Colorado’s average and $1,250 higher than the national average. Memory care costs in Centennial are among the highest in the state; only Boulder has a higher cost, coming in at $969 more per month. Pueblo is a significant $2,125 lower, and Grand Junction costs $1,562 less. Seniors in Colorado Springs pay $1,046 less per month.

Seniors in Centennial have multiple care options. The least expensive is adult day health care, which averages $2,275 monthly. In contrast, nursing home care is the costliest, with a semiprivate room being $8,669 monthly. Seniors can receive in-home care for around $6,769, while home health care, which provides medical care at home, costs $6,769. Assisted living facilities are one of the least expensive options, at an average of $5,500.

While many families use their own funds or personal assets to pay for memory care, there are plenty of additional options to cover these costs. Some additional ways to finance memory care costs include:

• Veterans Benefits
• Life Insurance Policy
• Long-Term Care Insurance
• Reverse Mortgage

For more information about different ways to finance memory care, visit our Memory Care in Colorado page.