Memory Care Communities in Savoy, Illinois

Memory Care costs in Savoy start around $4,250 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 Savoy 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.

The village of Savoy has a large senior community that comprises 16 percent of the 8,000 person population. According to the Alzheimer's Association, this is the demographic that is most likely to be diagnosed with dementia. Illinois, the state in which Savoy is situated, is projected to have more than 220,000 people living with Alzheimer's disease. 

To support local seniors with dementia, the Savoy area has seven memory care facilities. Two of these facilities are located within Savoy, while the other five are in the nearby cities of Urbana, Champaign and Mahomet. These facilities may be situated within supportive living facilities, which are exclusively for those with dementia, or any assisted living facility that acquires the necessary licensing and certification from the state to offer dementia care.

• Summers in Savoy are long, hot and humid, with July highs in the mid-80s and lows in the mid-60s. The coldest month of the year is January, where the highs reach into the mid-30s and the lows plummet into the teens. Families may want to ensure that the memory care facility they choose for their loved one has ensured that residents will not be able to wander outside in the region's extreme temperatures. 
• The Savoy area is home to world-class medical facilities, including those specializing in brain health and dementia care such as Christie Clinic, in the event of medical emergencies or illness.
• Illinois has full deductions for Social Security income, pensions and withdrawals from retirement accounts. This may allow seniors to put more money toward memory care. 
• Living costs in Savoy are slightly higher than the U.S. average but a little lower than the state median. Healthcare expenses are about five percent higher there than elsewhere in the country, which may be a consideration for seniors on a budget.