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Senior Living Cost Calculator

We’ve created this simple yet effective cost calculator tool to help you estimate the monthly cost of living in a senior living community vs. living at home. By inputting your preferences and needs, we can provide you with a customized estimate that aligns with your requirements. This tool is designed to give you a clear understanding of the costs associated with senior living, helping you make an informed decision that suits your budget and lifestyle.

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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

Deciding to move to a senior living community is a big step in life, and as you prepare for this next chapter, you may wonder how you will pay for it. Fortunately, many financial options exist to fit the needs of any resident’s situation. We partner with the financial experts at ElderLife Financial and AidandAttendance.com to help you determine which resources are available to you and the best options to leverage to pay for senior living.

Get a Free Consultation with ElderLife

Helpful Information and Resources

Our resource center is your go-to destination for comprehensive information about senior living. It includes a variety of materials such as blogs, ebooks, and episodes of our Senior Living LIVE! series, designed to provide you with valuable insights and information. We encourage you to explore these resources and expand your knowledge about senior living. 

Calculating the Costs of Senior Living

Evaluating the Average Cost of Independent Living Communities in Park Ridge, IL

Senior Living LIVE! Understanding the VA Benefit for Senior Living

Frequently Asked Questions

At Summit of Uptown, we understand that cost is a crucial factor in your decision-making process when it comes to senior living. Therefore, we have created this FAQ section to address frequently asked questions about the costs associated with senior living in Park Ridge, including cost breakdowns and financing options.

Does Medicare cover the cost of senior assisted living in Illinois?

Medicare in Illinois does not 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 is the cost of memory care in Illinois?

Memory care costs are generally 20-30% higher than assisted living costs. Memory care can be an expensive commitment, but it's worth the spend. The average monthly rate for a memory care facility in Illinois is around $5,000 or $60,000 per year, but pricing can vary widely depending on the location and level of dementia care that is needed.

Is there a buy-in fee?

You won’t have to worry about a buy-in fee when you choose Summit. Instead, you pay for the services you need when you need them, month by month.

How do I schedule a tour?

We’d love to meet you and show you what life is like inside Summit of Uptown! Call our team to schedule a tour or to set up a time to join in on an activity or a meal. We would love to introduce you to some of the residents and staff that make Summit so special.

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What's Happening at Summit of Uptown

Happy Easter!

04.02.24

Happy Easter from all of us! We hosted a special Easter lunch for our residents and families with a special visit from the Easter Bunny!

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