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Senior Living Cost Calculator

Our cost calculator is a simple tool that allows you to estimate the monthly cost of senior living. Input your preferences and needs, and we’ll provide you with an estimated cost that meets them.

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Veterans Benefits and Senior Living What you need to know (1)

VA Benefits

The Department of Veteran Affairs (VA) offers benefits to help Veterans pay for increased senior care. The Aid and Attendance benefit is one of these programs and can provide eligible U.S. Military Veterans and their spouses over $2,600 of monthly, tax-free income, which can help cover the costs of their senior care. Eligibility can be determined in less than 5 minutes by reviewing wartime dates, discharge type, care needs, income, and assets. 

 

See If You Qualify for VA Benefits
cost - what to know

Financing Options

As you research and consider making the move to a senior living community, you may wonder how you will pay for it. We partner with Elderlife Financial Services to offer resources to help you navigate the financial options for senior living. 

 

Get a Free Consultation with ElderLife

Helpful Information and Resources

We’re proud to offer a plethora of information about senior living, including blogs, ebooks, and episodes of our Senior Living LIVE! series to help you make an informed decision on your next step in life. Check them out for additional information and insights.

Evaluating The True Cost of Moving Into A North Shore Memory Care Community

Infographic: Senior Living Options in Highland Park

Calculating the Costs of Senior Living

Understanding the VA Benefit for Senior Living

Frequently Asked Questions

We understand that cost is a significant factor in your decision-making process. That’s why we’ve created this FAQ section to address frequently asked questions about Highland Park senior living costs, including cost breakdowns and financing options.

How much does assisted living cost in Illinois?

In 2021, according to Genworth's Cost of Care Survey, the median cost of an assisted living facility in Illinois was found to be $4,488 per month.

The average monthly cost of assisted living in Highland Park, Illinois for 2021 was $4,825.
 
Use our Senior Living Cost Calculator to learn more and estimate your monthly spend.

Does Medicare cover the cost of assisted living in Illinois?

Medicare in Illinois will not typically cover the non-medical care expenses associated with assisted living. Medicare typically only covers a short-term stay in a skilled nursing or rehabilitation community while an older adult is recovering from an illness or injury. It can also cover in-home rehab care performed by a home health nurse or therapist.

What amenities does Arbor Terrace Highland Park offer?

At Arbor Terrace Highland Park, we offer services and amenities that are designed to make life a little easier.

Experience our award-winning dining program, restaurant-style dining room, laundry and housekeeping services, and more. With our concierge and transportation service, you can sign up for upcoming trips and make sure that you can get where you need to go.

We also offer a monthly programming calendar, with events, trips, and activities that are designed to meet your needs and preferences.

Looking for some exercise? Stroll our walking trails or sign up for an on-site exercise class.

Experience the best amenities in senior living near Highland Park. See our services and amenities here.

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What's Happening at Arbor Terrace

Meet Erika!

04.22.24

Welcome new resident, Erika!

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Arbor Terrace Highland Park is among the best!

04.18.24

We're so proud to be rated Best Senior Living by U.S. News & World Report in Memory Care! Learn more on our The Arbor Company blog!

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Meet Betsy!

04.16.24

Welcome to the community, Betsy! 

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Happy Birthday!

04.09.24

Happy birthday to our sweet resident, Celia!

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Highland Park Police

04.02.24

Residents always enjoy the camaraderie when Highland Park Police officers join them at morning coffee talk!

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