Memory Care Communities in Providence, Rhode Island

With an average monthly cost of $7,579, memory care in Providence is notably more expensive than the $5,625 national average, yet it’s $954 less than Rhode Island’s $8,533 cost. Providence is more costly than Norwich ($5,375) and Hartford ($6,531) in Connecticut and Worcester ($7,106) in Massachusetts, but $1,171 less than Barnstable Town, MA ($8,750).

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.

Providence seniors considering memory care in the city should anticipate paying an average of $7,579 monthly.

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 Rhode Island page.

In Providence, adult day health care ($1,658) and memory care ($7,579) have a sizable $5,921 difference between them. In-home care ($5,720), home health care ($5,911) and assisted living ($6,063) are close in cost to each other with a range of $300, but each has a gap of more than $1,500 from memory care. The most expensive monthly option is a semiprivate room at a nursing facility, which costs an average of $10,190. 

The Center for Health Facilities Regulation, which is part of the State of Rhode Island Department of Health, is in Providence. It’s in charge of making sure that health care facilities within Rhode Island operate correctly, from the care of the residents to having the proper licensing. 

• Residents in Providence can expect a higher overall cost of living (105.1) than the national average of 100, but it’s less than Rhode Island’s 110.6 score. This means Providence is between the United States and Rhode Island in terms of affordability. 
• Providence seniors should prepare for a lot of wet weather. About 127 days each year come with precipitation, but that can help make the average 200 days of sunshine more enjoyable. Temperatures can get cold when they dip into the teens during the winter, but in summer, they bounce back up to the 80s.
• Some neighborhoods in Providence are safer than others. Crime statistics show that the city has a crime index score of 17 out of 100, meaning it’s safer than 17% of U.S. cities. Memory care facilities, however, tend to have ample security features in place to protect staff and residents and offer peace of mind. 
• The Rhode Island Office of Health Aging provides information on multiple ways seniors in the state can access transportation. Options include the Reduced Fare Bus Program, transportation offered by senior centers, non-emergency medical transportation and the Elderly Transportation Program (ETP). Senior care facilities also often provide their own transportation for their residents.
• Seniors can look forward to the average cost of health care in Providence. Its score of 84.4 is higher than that of Rhode Island (81.9), but both are substantially lower – and thereby more affordable – than the national average. Providence is home to multiple hospitals offering care to seniors and other Rhode Islanders.