Assisted Living Communities in Park Ridge, Illinois

Seniors in Park Ridge pay $4,825 per month for assisted living, which is a little higher than Illinois’s median rate of $4,488 and the national norm of $4,500. In Kankakee, care costs are about $200 less, and prospective residents may save about $700 per month by choosing an assisted living facility in Danville. Park Ridge may be a budget-friendly alternative to Bloomington, where assisted living communities charge $5,160 per month, and Rockford, where rates are the highest in the state at $5,250.

In Park Ridge, assisted living communities charge monthly median rates of $4,825.

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

• Veterans Benefits
• Life Insurance Policy
• Long-Term Care Insurance
• Reverse Mortgage

For more information about different ways to finance assisted living, visit our Assisted Living in Illinois page.

At $4,825 per month, assisted living rates in Park Ridge are moderate compared to other long-term care options. Residential care costs about $850 less than nonmedical in-home care and roughly $900 less than specialized home health care, neither option of which includes housing and meal expenses. Assisted living is also a budget-friendly alternative to nursing home care, which starts at $6,996 per month for semiprivate accommodations, though seniors may save about $3,000 monthly by choosing adult day health care.