Assisted Living Cost in Richmond
The average cost of assisted living in Richmond is $4,500/month in 2026. This guide covers room-type pricing, how Richmond compares to the national average, Medicaid coverage through Virginia Medicaid EDCD Waiver, and the most affordable alternatives in the area.
Richmond Assisted Living Costs at a Glance
Average (all types)
$4,500
per month
Memory Care
$6,200
per month
Skilled Nursing
$9,500
per month
Cost by Room Type in Richmond (2026)
| Room Type | Monthly Cost | Daily Rate |
|---|---|---|
| Studio / Shared | $3,600 | $120 |
| 1-Bedroom | $4,700 | $157 |
| 2-Bedroom / Deluxe | $6,000 | $200 |
| Memory Care | $6,200 | $207 |
| Skilled Nursing (semi-priv.) | $9,500 | $317 |
* Costs are 2026 market averages. Actual fees vary by facility, level of care, and unit size.
How Richmond Compares
Richmond
$4,500/mo
Virginia Avg
$4,400/mo
Near avgNational Avg
$4,500/mo
Near avgWhy Does Assisted Living Cost $4,500/Month in Richmond?
- Richmond's growing economy and population pressure has pushed AL costs up 15% over 5 years
- Short Pump, Glen Allen, and western Henrico County facilities run 15–20% above Richmond proper
- McGuire VA Medical Center provides a full VA healthcare system for the large Richmond veteran community
- Virginia has no state income tax on Social Security — helps fund AL costs for retirees
Medicaid Coverage for Assisted Living in Richmond
Virginia Medicaid EDCD Waiver covers assisted living
Virginia's Elderly or Disabled with Consumer Direction (EDCD) Medicaid waiver covers personal care in licensed assisted living facilities. Virginia Medicaid does NOT cover room and board — only personal care services. Income limit: $2,829/month; asset limit: $2,000. Apply through your local DSS office.
Virginia Medicaid Guide →How to Afford Assisted Living in Richmond
- Colonial Heights, Chesterfield, and Hopewell offer 10–20% savings vs. Richmond proper
- Virginia EDCD Medicaid waiver covers personal care in licensed AL — apply through local DSS
- VA Aid & Attendance (up to $2,830/month) is a major resource for Richmond's veteran community
- Virginia has no income tax on Social Security benefits — helpful for funding AL costs
- Virginia's six state veterans homes provide skilled nursing for qualifying Virginia veterans
Find Assisted Living Communities in Richmond
Our advisors can match you with communities in Richmond that fit your budget and care needs — no phone call required to get started.
More Affordable Alternatives Near Richmond
If Richmond costs are too high, these nearby cities offer lower averages and similar access to family, healthcare, and amenities.
Frequently Asked Questions — Assisted Living in Richmond
How much does assisted living cost in Richmond?▾
Richmond assisted living averages $4,500/month in 2026, ranging from $3,000 (basic shared rooms) to $7,500+ (premium suites in Short Pump or Glen Allen). Richmond is near the national average. The western Henrico County suburbs command a premium; Chesterfield and colonial heights offer savings.
Does Virginia Medicaid (EDCD) pay for assisted living?▾
Virginia's EDCD waiver covers personal care services in licensed AL facilities but NOT room and board. Residents pay room and board separately. Income limit: $2,829/month; asset limit: $2,000. Apply through your local Department of Social Services or call Virginia's Medicaid helpline at 804-786-7933.
What memory care options are available in Richmond?▾
Memory care in Richmond averages $6,200/month. VCU Health System and Bon Secours Mercy Health provide memory care specialty services. The Richmond metro has numerous dedicated Alzheimer's units; look for facilities with formal partnerships with Virginia's Alzheimer's Association chapter (804-967-2580).
What veterans resources are available in Richmond?▾
The Hunter Holmes McGuire VA Medical Center (804-675-5000) is a major VA teaching hospital in Richmond. Virginia operates six state veterans homes. VA Aid & Attendance provides up to $2,830/month for qualifying veterans. Virginia Wounded Warrior Program (866-393-8892) provides additional coordination.
How does Richmond compare to Northern Virginia for AL costs?▾
Richmond ($4,500/mo) is significantly more affordable than Northern Virginia/Fairfax County ($5,500–$8,000/mo). For families with flexibility on DC metro proximity, Richmond offers similar quality facilities at 25–40% less cost, 90 minutes south on I-95.
What type of assisted living licenses exist in Virginia?▾
Virginia licenses 'Assisted Living Facilities' (ALFs) at two levels: Level I (residents need minimal assistance) and Level II (residents need substantial assistance or have cognitive impairment). Level II facilities have stricter staffing requirements. Ensure the facility holds the appropriate level license for your loved one's needs.
Looking for statewide data?
See the full Virginia assisted living cost guide, Medicaid eligibility, and facility directory.
Find assisted living communities in Richmond, Virginia
Browse our directory of 2,000+ assisted living, memory care, and skilled nursing facilities — each with AllyKin Safety Scores, CMS inspection data, and state licensing records.
Browse all communities →