Memory Care Communities in Riverside, California

At $5,000 per month, memory care services in the Riverside area are competitive compared to the rest of the state and nation, where respective fees average $6,563 and $5,625. In Bakersfield, rates are several hundred dollars lower at $4,688. Care is much costlier in Salinas and Santa Rosa, with local facilities charging rates of $7,500 and $8,810, respectively.   

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 Riverside and 139 other cities in California.

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 California page.

The cost of senior living in Riverside depends on the type of care sought. Typically, higher costs come with additional services, care and amenities. Independent living provides the least amount of support and is the most affordable option, averaging $2,766 monthly. Assisted living offers personal care and support with daily living and meals, averaging $5,274. Memory care, which involves more intensive personal care and treatment for cognitive decline, averages $5,796.

Memory care facilities in Riverside follow regulations set by the California Department of Social Services, Community Care Licensing Division. This agency conducts background checks on prospective and current employees and regular inspections to ensure facilities provide clean, safe environments for residents.  

• Riverside is listed on the Dementia Friendly America Network and the AARP Age-Friendly Network, indicating that its officials have taken measures to make the city a safe, comfortable place for older adults, including those with dementia.  
• While Riverside’s overall cost of living is high compared to the typical U.S. city, it’s affordable compared to California as a whole and may make the city a financially viable option for those with restrictive budgets. Housing costs are affordable relative to the rest of the state, but in all other metrics, the city rates are more expensive. Seniors may be able to avoid expenses such as transportation and utilities by moving to a residential care facility.
• The crime rate in Riverside is a little higher than in the nation as a whole, which may make memory care a safe alternative to living alone. On a 100-point index, the city’s violent crime rate is 28.7 and the property crime rate is 46.7 compared to the national scores of 22.7 and 35.4. However, crime frequency is trending downward, which may provide peace of mind to families. 
• Averaging just 11 inches of rain, no snow and five months of comfortable daily temperatures each year, Riverside’s pleasant weather is among its top benefits. August is the hottest month with highs in the mid-90s, and there are a few days when humidity levels are uncomfortable. Memory care facilities help residents stay comfortable during the warmest months by providing indoor activities and individual climate controls in residents’ rooms.
• On average, health care expenses are about 15% cheaper in Riverside than in the United States as a whole, which may benefit those managing chronic conditions. Residents have access to top-ranking hospitals such as Eisenhower Medical Center in Rancho Mirage and Loma Linda University Medical Hospital in Loma Linda.  
• California seniors pay state income taxes on all types of retirement income except for Social Security benefits, which may impact how much they can put toward memory care expenses. The Riverside area has several agencies that help older adults apply for public benefits that may help cover care costs.