Richmond is located in east-central Indiana in the Dayton, Ohio, metro area. This city has over 35,000 residents and a large senior community that accounts for nearly a fifth of the population. It has a very low cost of living, which may enable older adults to maintain a comfortable standard of living throughout their retirement years. The city also offers a generally comfortable climate, retirement-friendly tax laws and affordable and accessible health care.  

Older adults who want to remain in the community but need some personal care services may opt for assisted living. These residential care communities offer daily meals and attendant care, along with general housekeeping and laundry, recreational activities and transportation services for a worry-free lifestyle. The Genworth 2020 Cost of Care Survey discloses that this region is among the more expensive options in Indiana for assisted living, with seniors in Richmond paying $5,245 per month on average for care. 

This guide provides an overview of assisted living in Richmond, including benefits of living in this region, more information on senior care costs and an outline of the services and programs that help older adults make decisions regarding their care.   

Directory of Assisted Living Facilities in Richmond, IN

Arbor Trace

3701 Hodgin Rd, Richmond, IN, 47374

Arbor Trace was very nice, and the gentleman that showed us around was also very nice. The rooms were also nice, but for assisted living we were hoping for a little bit more size-wise. It’s very nice, … (read more)
Arbor Trace was very nice, and the gentleman that showed us around was also very nice. The rooms were also nice, but for assisted living we were hoping for a little bit more size-wise. It’s very nice, … (read more)

Brookdale Richmond

3700 South A Street, Richmond, IN, 47374

My mom and I visited Brookdale Richmond for my mom’s grandmother. The place was clean. They had very friendly people and friendly staff. We did not get to tour much. We just sat in one room and looked … (read more)
My mom and I visited Brookdale Richmond for my mom’s grandmother. The place was clean. They had very friendly people and friendly staff. We did not get to tour much. We just sat in one room and looked … (read more)

Friends Fellowship Community

2030 Chester Blvd, Richmond, IN, 47374

Friends Fellowship was a very nice place but just too big and too ritzy. However, it would be our second choice. They have long-term care, assisted living, and independent living on five floors. We’ … (read more)
Friends Fellowship was a very nice place but just too big and too ritzy. However, it would be our second choice. They have long-term care, assisted living, and independent living on five floors. We’ … (read more)

Forest Park Health Campus

2401 South L Street, Richmond, IN, 47374

Forest Park Health Campus is wonderful. I couldn’t be happier. The staff members all go above and beyond. They’re kind and loving. They’re just super. My mother feels as if she is at home. Their food … (read more)
Forest Park Health Campus is wonderful. I couldn’t be happier. The staff members all go above and beyond. They’re kind and loving. They’re just super. My mother feels as if she is at home. Their food … (read more)

The Leland Legacy

900 S A Street, Richmond, IN, 47374

I would not suggest this place to anyone. The rooms are small, the meals lack quality, except maybe for lunch, and I really don’t think the owner cares about the residents that much. Some of the worke … (read more)
I would not suggest this place to anyone. The rooms are small, the meals lack quality, except maybe for lunch, and I really don’t think the owner cares about the residents that much. Some of the worke … (read more)

What to Consider About Assisted Living in Richmond

In Richmond, assisted living facilities are officially licensed as residential care facilities by the Indiana Department of Health. This department has a range of guidelines in place to ensure qualified caregivers, comfortable accommodations and a high standard of care for residents. 

Benefits and Drawbacks of Assisted Living in Richmond

  • Seniors in Richmond pay state income taxes on pension income and withdrawals from investments and retirement accounts. However, Social Security benefits aren’t taxed at the state level, which may make Indiana a financially viable option for those who rely primarily on this form of income.  
  • Richmond is a very affordable place to live, with a cost of living over 30% lower than the national average, which may help older adults’ retirement income stretch further. Transportation costs such as gasoline, auto insurance and public transportation are about 40% below the national average, and housing costs are about 65% below average. Seniors may also save money on miscellaneous expenses such as restaurant meals and entertainment. 
  • Crime is a little more common in Richmond than in similarly sized cities in Indiana. On a 100-point index, the city’s violent crime rate is about seven points higher than the national score at 30.2, and the property crime scores 66.7 compared to the national median of 35.4. This may make a secured assisted living facility a safe option for older adults.  
  • On a 10-point comfort index, Richmond’s weather rates are slightly more comfortable than the typical U.S. city with a score of 7.1 compared to the national average of 7. July is humid and warm with temperatures around 84, but humidity is generally low for the rest of the year. January is the snowiest month with about six inches of annual snowfall, and temperatures are chilly with lows in the teens. 
  • Health care is relatively affordable in Richmond, making the city a good option for those managing chronic conditions. Health-related costs such as doctor’s office visits and hospital stays are about 12% below the national median. There are about 221 physicians per 100,000 people, which is slightly higher than the national rate of 210 and may make it easy to schedule appointments. Reid Health is located in the city and provides emergency and urgent care along with primary and specialty care services. 

Paying for Assisted Living in Richmond

Compared to the rest of Indiana and the nation as a whole, Richmond is a fairly expensive option for assisted living. Local residential care facilities charge $5,245 per month on average, which is nearly $1,000 more than the state median of $4,382 and the national monthly rate of $4,300. 

The Cost of Assisted Living in Nearby Cities

The Dayton metro has relatively pricey assisted living rates, with Richmond seniors paying $5,245 per month for this level of care. In Muncie, which is located about 40 miles north of Richmond, care costs are closer to the state median at $4,645, and in Indiana’s capital city of Indianapolis, rates are a little lower at $4,573. Those seeking affordable care may consider Bloomington, where care costs are well below the national median at $2,840.  

$5245

Richmond

$4382

Indiana

$4300

The United States

$4645

Muncie

$4573

Indianapolis

$2840

Bloomington

The Cost of Other Types of Senior Care 

Seniors in Richmond have several care options available to them, depending on their level of needs and living preferences. Homemaker services, which feature a similar scope of care to assisted living but are administered in the individual’s home, cost an average of $4,763 per month. Home health aide services include some skilled nursing services and are roughly the same at $4,767. The survey doesn’t include cost data for local adult day health care facilities, but statewide, this is the cheapest care option at $1,733 per month. Assisted living is the cheapest residential option at $5,245, and nursing homes charge the highest rates of $8,699 for shared rooms and $9,825 for private rooms.  

$4763

Homemaker Services

$4767

Home Health Aide

$5245

Assisted Living Facility

$8699

Nursing Home Facility (semiprivate room)

$9825

Nursing Home Facility (private room)

Note: Care cost data for Richmond was not available, so data for the closest city, Dayton Area, Ohio, was used instead. 

Financial Assistance for Assisted Living in Richmond

Indiana’s Regional Care Assistance Program (RCAP) helps seniors pay for the monthly cost of assisted living. The state also offers a Medicaid Waiver program, but it only covers costs for seniors residing in an RCF.

Learn more about these programs, plus who’s eligible, on our Assisted Living in Indiana page.

Paying for Assisted Living in Indiana

More Ways to Pay for Assisted Living

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

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

For more information about different ways to finance assisted living, visit our Assisted Living in Indiana page.

Free Assisted Living Resources in Richmond

The Richmond area is home to numerous nonprofit programs and agencies that support older adults and help them navigate the process of choosing the best care for their needs and budget. The following table features resources that provide information and access to community-based programs, social and recreational activities and options counseling.  

Resource 

Contact 

Service 

(765) 759-1121 

Lifestream Services is the Area Agency on Aging for Richmond and the surrounding area. Through this nonprofit agency, older adults obtain services such as nutrition counseling, transportation, friendly phone calls and virtual fitness programs to complement or supplement assisted living services. The agency organizes five annual events, including the Aging Well Conference, Lifestream Golf Outing, Fall Festival, JOY Games and the Healthy Aging Expo. It also has information and referral specialists that connect seniors with services in the community.

(765) 983-7300 

Richmond’s Senior Community Center is open to those aged 50 and over. At this center, members participate in daily activities such as age-friendly fitness programs, crafts, chair volleyball, ceramics and arts and crafts classes. The center is open on weekdays from 7:30 a.m. to 4 p.m. 

(765) 973-9207 

The county’s Veterans Office connects veterans in the region with community-based services such as health and wellness screenings, transportation and financial planning. The office can also help veterans apply for benefits that may help cover assisted living, including pension programs and Aid and Attendance.

(317) 631-9410 

Indiana Legal Services is a statewide nonprofit organization that provides free legal assistance to older adults. Through the Indianapolis office, Richmond seniors get help with understanding assisted living contracts and resolving issues such as billing errors or problems with intake and discharge procedures. 

(765) 983-7309 

RSVP is a volunteer program for those aged 55 and over. Through this program, seniors get one-on-one help finding volunteer opportunities that fit their interests and levels of ability.

Assisted Living Laws and Regulations in Richmond

Richmond-area assisted living communities must adhere to the comprehensive set of state laws and regulations that all assisted living communities in Indiana are required to follow. Visit our Assisted Living in Indiana page for more information about these laws.

Assisted Living Laws and Regulations in Indiana