Attorneys practicing in and around the Chicagoland area. Experienced in the practice areas of Real Estate Law, Mortgage Foreclosure Defense Litigation, Social Security Disability, Business Law, & Estate Law.

 - Attorneys practicing in and around the Chicagoland area. Experienced in the practice areas of Real Estate Law, Mortgage Foreclosure Defense Litigation, Social Security Disability, Business Law, & Estate Law.

Assisted Living Costs in Illinois

Assisted living helping hand

In this post, we discuss the average cost of an assisted living care facility in the State of Illinois and how this compares to other states.

The cost of assisted living will vary across the country, from state to state, city to city, and even from facility to facility within the same city.

The costs of an assisted living facility will also vary depending on the type of care and level of assistance required for each individual.

 

Genworth Cost of Care Survey

Since 2003, Genworth Financial has tracked the cost of care nationwide to help families understand long term care costs.

Social Security Retirement CoupleIt is the most comprehensive assisted living study of its kind. Genworth Financial has surveyed approximately 1/6 of all assisted living communities in the U.S and covered 440 geographic regions.

The annual Cost of Care Survey has become the foundation for many people and families long term care planning.

Related: End of Life Planning – The Essentials

The data in this article comes from the average costs for a monthly one-bedroom unit in an assisted living facility, as determined by the 2018 Genworth Cost of Care Survey. When a range was provided, the average of the high and low was used for the calculation.

 

Average Cost of Illinois Assisted Living Facilities

According to the 2015 Genworth Financial cost of care survey, the average cost of assisted living in Illinois is $4,050 per month.

The $4,050 per month average assisted living cost is based on the cost for a one-bedroom assisted living unit in the State of Illinois. Additional fees beyond the base rate may apply.

The monthly average base rate for Illinois assisted living is higher compared to neighboring Midwestern states, and also more expensive compared to the national average.

Related: How to Maximize Social Security Benefits for Surviving Spouses

 

Assisted Living Costs by State

Retired Couple on Social SecurityAlabama $3,075
Alaska $5,703
Arizona $3,420
Arkansas $3,063
California $3,750
Colorado $3,750
Connecticut $5,575
Delaware $5,745
Florida $3,150
Georgia $2,880
Hawaii $4,000
Idaho $3,240
Illinois $4,050
Indiana $3,693
Iowa $3,500
Kansas $4,188
Kentucky $3,350
Louisiana $3,010
Maine $4,800
Maryland $3,900
Massachusetts $5,300
Michigan $3,250
Minnesota $3,468
Mississippi $3,150
Missouri $2,525
Montana $3,560
Nebraska $3,628
Nevada $3,238
New Hampshire $5,103
New Jersey $5,725
New Mexico $3,500
New York $4,100
North Carolina $3,000
North Dakota $3,239
Ohio $3,890
Oklahoma $3,345
Oregon $3,880
Pennsylvania $3,555
Rhode Island $5,325
South Carolina $3,125
South Dakota $3,023
Tennessee $3,395
Texas $3,545
Utah $3,000
Vermont $4,020
Virginia $3,933
Washington $4,625
Washington D.C. $7,838
West Virginia $3,500
Wisconsin $3,980
Wyoming $3,900

Related: Senior Real Estate Tax Deferral in DuPage County

 

Base Rates

How is the base rate structured?

48% of the facilities offered a flat base rate while 52% of services have a variable rate, based on disability.

Assisted Living Cost how is base rate structured

 

Average Monthly Base Rate for a Single Room

Assisted Living Cost average monthly base rate

 

The chart below shows the average monthly base rate for a resident in an Alzheimer’s unit.

Assisted Living Cost average monthly base rate alzheimers

 

Average Monthly Base Rate for a Double Room

Assisted Living Cost average monthly base rate alzheimers 2br 3br

 

What’s Included in the Base Rate?

Assisted Living Cost services included

 

Most facilities include three meals per day in their monthly base rate.

Assisted Living Cost meals included

 

72% of facilities allow the resident to obtain additional services also to the base rate.

Assisted Living Cost additional services

 

30% of facilities require a security deposit while 22% require an entrance fee before moving in.

Assisted Living Cost security deposit

 

Total Cost: It’s important to note the full cost of service, in most cases is more than the base rate you can expect to pay for assisted living. 

Assisted Living average total cost

We hope this information can help you with your post-retirement and assisted living planning for you or your loved ones.

 

SOURCE: https://www.assistedlivingfacilities.org/resources/assisted-living-costs/

 

Resources:

Directory of Illinois Assisted Living Facilities
Department of Public Health, Division of Assisted Living
Department of Aging of Illinois
Illinois Department of Public Health

 


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The Law Offices of Lora Fausett P.C. provides estate law representation, including power of attorneyliving willsprobate law services, trustswills, and more.

Located in Glen Ellyn, Illinois and serving clients in DuPageCookKane, Will, and Kendall Counties.

For Information Call 630-858-0090


Category: Estate Law