When evaluating the cost of assisted living in Highland Park compared to staying at home, you might be surprised. According to Genworth’s Cost of Care Survey, the national average cost is $4,500, with the cost in Illinois right below $4,488. While those figures might seem expensive, there are many financial advantages to moving into an assisted living community on Chicago’s North Shore. There are many amenities and services available that decrease the cost of monthly expenses. Independence, being with peers, and a staff of caring professionals always being there for help can prove to be priceless. We break down several factors that make assisted living in Highland Park a great choice.
Comparing At-Home Services to Assisted Living
While it might seem that you or your loved one is saving money aging in place at home, it can prove to be even more expensive in the long run. The average monthly cost of home health services in Highland Park is $5,720. It is a steep price tag for daily assistance with tasks such as meals and housekeeping. In an assisted living community, these services are included in the monthly rate. Residents have three meals per day, along with snacks that are provided during activities and events.
Warm and welcoming staff that is available 24/7 is also a huge benefit to moving to an assisted living community. The level of care that is provided is unlike what you can find at home—there’s a relief in knowing someone is always available, and you don’t have to be billed each time you need help.
Other monthly home expenses, such as transportation and maintenance, can also be even more expensive while being at home. At an assisted living community, seniors are taken to medical offices for appointments, which is also included in the monthly cost. Utilities and internet services are also covered.
Keeping active and social is very important, as well. While it can sometimes be daunting to look for things to do at home, assisted living communities provide you with a calendar full of fun events and activities, such as movie nights and fitness classes. You are never bored with so many options at your fingertips! Having to pay out-of-pocket for each activity when living at home can also be very expensive.
Using an Online Calculator to Compare
Save yourself the trouble of crunching the numbers to get an idea of the cost of assisted living in Highland Park by using an online calculator. Groceries, transportation, and mortgage or rent are each broken down for you to add the cost. From there, you go through each step to get a clearer picture of how your at-home expenses compare.
Arbor Terrace Highland Park provides a great option on Chicago’s North Shore for those wanting to live in a senior living community that provides medical staff and other programs such as assisted living and memory care. Please give us a call at 846-681-3636 to schedule a tour!