Memory Care Communities in Pekin, IL

In Pekin, the monthly median rate for memory care comes to $5,164, for a potential savings of about $450 over state and national norms. This rate falls well below care costs in nearby cities, with seniors in Decatur paying $5,478 for care. Obtaining residential memory support in Pekin offers even greater savings over services in Springfield or Bloomington, where respective monthly fees come in at $6,388 and $6,450.

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.

Pekin seniors pay about $5,164 monthly for residential memory care services.

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.

At $5,164 per month, memory care ranks among the costlier senior care solutions in Pekin, exceeding the rates for alternatives by hundreds or thousands of dollars. For example, seniors spend about $110 less per month by obtaining care at home through private home care agencies that administer nonmedical services, such as companionship and meal preparation, or home health care services, such as vital sign monitoring. Standard assisted living facilities, which provide personal care without dementia support in a residential setting charge about $1,030 less per month, and adult day health care facilities charge $1,950 for personal care and light medical support in a nonresidential setting. Only nursing home care costs more than memory care, with residents paying $6,540 per month for 24-hour intensive medical support.

The Illinois Department of Public Health, Division of Assisted Living, licenses all memory care communities in Pekin and requires them to follow rules for resident intake and retention criteria, the scope of care they provide and building security. Along with an annual licensure process, the department enforces these rules through scheduled and unannounced inspections.

• Carle Health Pekin Hospital serves residents in Pekin and the Greater Peoria Area through over a dozen specialties, including pain medicine, congenital cardiac disease and radiology. It also houses the Carle Neuroscience Institute, which has board-certified neurologists, nurse practitioners, clinicians and neuropsychologists who treat a range of brain conditions, including memory loss. 
• Pekin ranks among the more retiree-friendly communities in the nation, with the AARP Livability Index giving this city 58 out of 100 points compared to an average country subdivision score of 47 points. The vast majority of public transportation vehicles and stations have ADA accommodations, and the local air and water quality ranks on par with national norms. Additionally, the region reports a smaller health care provider shortage than a typical U.S. city, ranking 8.1 points on a 25-point scale versus 12.0 nationally.
• Although food and health care costs in Pekin track a little higher than national norms, the overall cost of living in this city trends about 3% below the national average due to affordable housing, utility and transportation costs. This may promote competitive memory care rates for those seeking local residential care.
• Property taxes in Pekin run considerably higher than national norms, making residential care a preferred alternative to living in a private residence. Sales taxes run high, with a base of 6.25%, but the state only imposes a 1% tax on prescription medications. Fortunately, seniors don’t pay state income taxes on any of their retirement income from pensions, retirement accounts or Social Security, helping many afford local memory care expenses.
• Crime occurs at a high rate in Pekin compared to other cities with its population size, as well as about 92% of Illinois cities and 86% of U.S. communities. Per 1,000 people, property-related crimes occur at a rate of 22.9 versus 16.83 statewide and 20 nationally, making memory care a safer alternative to living alone for vulnerable seniors. While the violent crime rate exceeds the state norm at 3.39 annual incidents per 1,000 people, this falls below the national rate of 4.0.