Memory Care Communities in Elgin, IL

Elgin’s memory care communities charge more for their services than both the national and Illinois state averages by $406 and $421, respectively. When compared to prices in other Illinois cities, Elgin’s rates fall in the middle of the cost spectrum. Rockford and Springfield present higher prices at $6,563 and $6,388, respectively. Decatur, however, shows rates lower than those of Elgin by $553. Carbondale’s memory care communities are least expensive at $4,406.

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.

Memory care services in Elgin run about $6,031 per month, but prices may vary according to services and accommodations.

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 Illinois page.

Memory care is among the most expensive types of senior care in Elgin. Only nursing home care is higher at $6,996 per month. Seniors who can still safely remain at home may choose in-home care for $5,672 or home health care with its light medical services for $5,720. Assisted living costs about $1,200 less than memory care. Adult day programs are least expensive at $1,842 but do not necessarily offer the level of care needed for seniors experiencing memory loss.

Memory care facilities are licensed and regulated by the Illinois Department of Health. Licensing and frequent inspections help ensure that seniors receive high quality care. Seniors and their families can file a complaint with the department if they believe a community is not following the rules or meeting the standards of care and service.

• Elgin’s cost of living comes in below the national average, both overall and in several categories. The city’s overall rating stands at 91.6 on a scale of 100, with 100 representing the national average. Groceries, housing, utilities and transportation all fall below average as well.
• According to the city’s crime rates, Elgin is a relatively safe city. Violent crime rates stand at 17.4 on a 100-point scale and are lower than the national average of 22.4. Property crime rates also fall below average. They come in at 24.7 compared to an average of 35.4. The city’s law enforcement organizations are taking measures to bring these numbers down even further.
• Elgin’s climate is mixed. Winters are cold and snowy and show a comfort index of 4.4 on a 10-point scale. Summers, however, bump up to 8.8 for comfort with July’s highs about 85 degrees. While rainfall and snowfall are both higher than average, there are still plenty of sunny days.
• In terms of health, Elgin has higher-than-average air and water quality. This may lead to a decreased risk of cancer and respiratory diseases. The city also boasts a lower-than-average health cost index score of 97. This means that people in Elgin will pay 3% less for their health care than their counterparts in other areas of the country.
• Two major hospitals serve the Elgin area. Advocate Sherman Hospital features cancer care, cardiology, gastroenterology and orthopedics. Patients can also access primary care and emergency services. Ascension Saint Joseph — Elgin provides advanced surgical treatments, a level II trauma center, a stroke center and a wide variety of other specialties.