Memory Care Communities in Elk Grove Village, IL

Memory Care costs in Elk Grove Village start around $7,750 per month on average, while the nationwide average cost of memory care is $5,694 per month.

It’s important to note that memory care rates in Elk Grove Village and the surrounding suburbs can vary widely based on factors such as location, the level of care needed, apartment size and the types of amenities offered at each community.

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.

Elk Grove Village has a population of 32,776, and more than 17 percent of those residents are seniors. Some Elk Grove Village seniors may represent some of the 220,000 Illinois seniors living with Alzheimer's disease, a figure reported by the Alzheimer's Association. These seniors may benefit from living in one of the 13 memory care facilities located in the greater Elk Grove Village area.

Each of these memory care facilities must secure a license from the Illinois Department of Public Health, which oversees all assisted living facilities in the state, giving seniors' families peace of mind as they look for high-quality care for seniors living with Alzheimer's disease and other forms of dementia.

• The city's cost of living rank is 118.2, which is higher than the national average of 100. While housing and transportation costs drive up this cost of living, healthcare ranks below average. Seniors and their families may want to consider this cost of living as they plan for the expenses related to memory care.
  
• Elk Grove Village seniors may save money thanks to Illinois' tax-friendly status for seniors. The state does not tax any retirement income, including social security income, which may lead to some extra money in the budget every month.
  
• Elk Grove Village is home to world-class medical facilities, including those specializing in brain health and dementia care such as AMITA Health, in the event of medical emergencies or illness.