Memory Care Communities in Oakbrook Terrace, IL

Memory Care costs in Oakbrook Terrace start around $8,650 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 Oakbrook Terrace 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.

Oakbrook Terrace is a suburb of Chicago located in DuPage County. Seniors age 65 and over are most vulnerable to Alzheimer's disease and other dementias, and Oakbrook Terrace's population of 2,134 includes 408 people in that age range. In DuPage County, up to 10.4 percent of seniors on Medicaid, including those in Oakbrook Terrace, have been diagnosed with Alzheimer's. There are no memory care facilities located in Oakbrook Terrace, but there are dozens nearby throughout DuPage County.

In Oakbrook Terrace and the rest of Illinois, memory care is provided  in supportive living facilities. These facilities may be in their own buildings or co-located with assisted living facilities that are licensed to care for those with memory and cognitive challenges.

• In llinois, retirement income is exempt from income taxes. This might help seniors and their families afford memory care.
  
• Oakbrook Terrace has a cost of living index of 122, compared to a national average of 100 and a state average of 102. This is an important consideration for families of seniors who require memory care in the village.
  
• In Oakbrook Terrace, about 38 inches of rain falls annually, roughly on par with the national average. The village gets 31 inches of snow, five inches more than the national average. The town experiences seasonal temperature variance, with summer highs hitting 84 degrees and winter lows reaching around 16. Families of seniors in memory care should ensure that staff provides extra blankets and other amenities to keep residents comfortable in chillier temperatures.
  
• The air quality in Oakbrook Terrace is 50 compared to the national average or 58. This may be a concern for families of seniors with COPD or chronic respiratory conditions.