4 Assisted Living Facilities in Richmond, KY
Also serving communities of Winchester, Mount Sterling.
The average cost of assisted living in Richmond is $3,350 per month. This is lower than the national median of $3,595. Cheaper nearby regions include Nicholasville with an average starting cost of $2,800.
To help you with your search, browse the 26 reviews below for assisted living facilities in Richmond. On average, consumers rate assisted living in Richmond 4.6 out of 5 stars.
Caring.com has helped 7 families in Richmond find high-quality senior care. To speak with one of our Family Advisors about assisted living options and costs in Richmond, call (855) 863-8283.
4 Assisted Living Facilities in Richmond, KY
What to Consider About Assisted Living in Richmond
As the county seat of Madison County, Richmond, KY is situated in the heart of bluegrass country. Richmond is home to four assisted living facilities, all of which provide elderly residents with the personal care services they need within a safe and comfortable residential environment. Personal care services include medication management and help with the activities of daily living, such as bathing, dressing and grooming. All assisted living communities in Kentucky are certified annually by the Kentucky Department of Aging and Independent Living.
Benefits and Drawbacks of Assisted Living in Richmond
•The cost of living in Richmond is 11.1 percent lower than that of the country on average, making it a great choices for seniors on a budget.
•The Richmond area is home to world-class medical facilities, including Baptist Health Hospital, in the event of medical emergencies or illness.
•Richmond has an array of community resources for seniors, including the Bluegrass Area Agency on Aging and Independent Living, an organization that provides educational classes on health and communication as well as two senior centers.
•The Richmond Area Arts Council supports arts and culture in Richmond by offering arts education for adults, seniors and children, as well as sponsoring several community choirs. Locals can enjoy concerts and Broadway musicals at the Eastern Kentucky University Center for the Arts.
•The Kentucky River Foothills Transportation Department provides bus transportation for residents in Clark, Madison, Estill and Powell Counties. All transportation is funded by the U.S. Department of Transportation.
•Weather in Richmond is warm and muggy during the summer, with high temperatures hovering in the high 80s and sometimes creeping into the 90s, all with high humidity. Winters are short and fairly mild, with low temperatures dipping below freezing typically in January and February.
Paying for Assisted Living in Richmond
Average Monthly Costs
Cities in Kentucky
Assisted Living costs in Richmond start around $3,112 per month on average, while the nationwide average cost of assisted living is $4,000 per month, according to the latest figures from Genworth’s Cost of Care Survey.
It’s important to note that assisted living rates in Richmond and the surrounding suburbs can vary widely based on factors such as location, the level of care needed, apartment size and the types of amenities offered at each community.
Financial Assistance for Assisted Living in Richmond
While the state of Kentucky doesn't offer any direct financial assistance to seniors in assisted living, it does offer Medicaid waivers through the Home and Community Based Services program to delay or prevent move to a nursing home. Because this program has severe enrollment caps, eligible seniors may have to spend time on a wait list.
Learn more about these programs, plus who’s eligible, on our Assisted Living in Kentucky page.
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 Kentucky page.
Free Assisted Living Resources in Richmond
Richmond and the surrounding area are home to numerous government agencies and non-profit organizations offering help for seniors searching for or currently residing in an assisted living community. These organizations can also provide assistance in a number of other eldercare services such as geriatric care management, elder law advice, estate planning, finding home care and health and wellness programs.
To see a list of free assisted living resources in Richmond, please visit our Assisted Living in Kentucky page.
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 Kentucky are required to follow. Visit our Assisted Living in Kentucky page for more information about these laws.
Recent Reviews of Assisted Living in Richmond
Review of Arcadian Cove Senior Living
Arcadian Cove Senior Living is very modern and very clean. The leadership team seems very experienced. The facility itself and the rooms are excellent. They're very good at what they do. They allow... Read more
Review of Dominion of Richmond - Richmond, KY
My mother is currently staying in Dominion of Richmond. It's very nice and my mother loves it. The staff is very cordial, especially the help. The room itself is pretty good. It could be a little b... Read more
Review of Morning Pointe of Richmond
Mom is thriving and seems to love it. The staff is absolutely wonderful with her. It has a very warm and friendly atmosphere. We looked at a few other communities before choosing Morning Pointe. Th... Read more