Memory Care Communities in Little Rock, AR

Memory care in Little Rock costs slightly less than the national average and $910 more than the statewide median. Out of the closest cities surveyed by Genworth, Pine Bluff is the most affordable, with its $4,161 median cost of memory care, followed by Fort Smith, where memory care averages $797 less a month than in Little Rock. Hot Springs’ average cost of care is the same as the statewide average: $5,625 a month.

When trying to decide how to pay for memory care, one of the first questions that comes up is "How much does it cost?" With the impact of inflation, it's more important than ever to have up-to-date information when making a financial plan for senior living. To help shed light on real senior living prices, Caring.com has compiled proprietary cost data from its network of more than 75,000 senior living providers to provide insight into the average cost of memory care in Little Rock and 5 other cities in Arkansas.

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 Arkansas page.

Senior living options abound in Little Rock, and seniors should choose an option based on their care needs and finances. Independent living is least expensive at $2,713, but it does not include help with daily living activities. Seniors in assisted living receive a care package suited to their needs, but they pay more at $4,220. Memory care offers additional care, security and guidance, but it is most expensive at $5,384.

Memory care facilities in Little Rock and throughout the state are licensed by the Division of Medical Services’ Office of Long Term Care within the state’s Department of Human Services. Areas of assisted living facilities reserved for seniors with dementia and other forms of memory loss are referred to as Alzheimer’s Special Care Units.

• The Walker Memory Center inside the University of Arkansas’ medical school administers memory evaluations and provides treatments designed to maintain brain function and delay cognitive decline.
• Unfortunately, Little Rock isn’t known for its safety. The city’s violent crime rate is more than triple the national average, and its property crime rate is over double the countrywide figure. Some types of violent crimes have declined over the past couple decades, and property crimes as a whole have steadily decreased over the past 20 years.
• Little Rock’s air quality is 31% worse than most parts of the country, but its water quality is over 60% better than the national average. Additionally, the city has more than twice as many physicians per capita than the majority of the nation.
• Many of Little Rock’s seniors see significant financial savings compared to most older adults around the country. The city’s cost of living is 17.5% lower than the national average, and the local government offers tax breaks for its older homeowners.
• Little Rock has been part of AARP’s Age-Friendly Network since 2019. To earn its designation as an Age-Friendly Community, the city had to demonstrate its efforts to become more liveable for seniors, making changes such as improved transportation and housing options for older residents.