Memory Care Communities in Greensboro, NC

Seniors living in Greensboro pay $263 less per month for memory care than the state average and about $875 less than the national average. Memory care costs in nearby Burlington are lower, at $4,156 per month. Costs in Winston are much higher than those in Greensboro, averaging $6,154 per month. Some of the state’s most affordable memory care can be found in Goldsboro, where seniors pay about $3,375. 

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 of memory care in Greensboro comes to $4,750 per month, although, prices can vary.

Memory care communities in Greensboro accept several types of payment, including public and private options. By using a mix of financial strategies, seniors can avoid exhausting one funding source, ensuring memory care remains a financially viable solution long-term.

• Medicaid: Qualified seniors pay for memory care services through the Personal Care Services program, which is part of North Carolina Medicaid. While it doesn’t cover room and board, it pays for many services seniors receive in memory care facilities, including meals, personal care and emergency response systems.
• Medicare: While Medicare doesn’t cover standard memory care services, such as personal care and meals, it pays for medically necessary services seniors receive from home health care providers. This helps bring down residents’ total monthly care expenses.
• VA Benefits: The VA helps qualified veterans pay for memory care through Aid and Attendance, which increases their monthly pension, and the Geriatrics and Extended Care program. Through these benefits, seniors can get financial assistance with memory care expenses, such as room and board, personal care and meals.
• Private Payments: Many seniors use their monthly income, retirement savings and long-term care insurance to pay for memory care. This payment type applies to all expenses, including housing, meals and personal care.

In Greensboro, the most affordable type of senior care is adult day health care, which costs about $1,053 per month. Seniors pay approximately $3,800 for assisted living, also less than memory care. Homemaker and home health care services cost about $555 less than memory care. Nursing home care, however, is more intensive and comes at a higher cost. This type of care costs $7,574 for a semiprivate room and $8,410 for a private room. 

Memory care and other senior living communities in Greensboro are licensed by the North Carolina Department of Health and Human Services’ Division of Health Service Regulation. It oversees these senior care homes, ensuring their compliance with state senior care standards. 

Benefits

• With a cost of living that falls about 5% below the national norm, Greensboro offers affordable living for prospective memory care residents. Housing is especially affordable at nearly 40% below the national baseline, promoting budget-friendly residential care services.
• Greensboro has warm, humid summers spanning from late May through mid-September and cold, snowy winters from the end of November through the last day of February. Daytime temperatures range between 49 and 87 degrees Fahrenheit over the course of the year. To promote residents’ comfort, memory care facilities often have indoor activities and unit-controlled thermostats.
• Several hospitals in the Greensboro region specialize in dementia treatment, supporting local memory care residents and providing resources to families. Within the city, Moses H. Cone Memorial Hospital and Cone Health Wesley Long Hospital have neurosciences departments with specialists who diagnose and treat memory-related conditions.
• Seniors in Greensboro don’t pay state income taxes on their Social Security income, helping many older adults fund memory care services.

Drawbacks

• Greensboro reports over 46 crimes per 1,000 people annually, with the city seeing around 106 crimes per square mile. This rate runs considerably higher than state and national norms. Fortunately, memory care communities keep residents safe through enhanced security measures, such as alarm systems, surveillance cameras and fully enclosed courtyards.