- Why Friendship Village
- Independent Living
- Assisted Living
- Health Care
- For Residents
This is the most common myth.
You might think the best senior living communities are only for the wealthy and too expensive in comparison to traditional housing. That is only until you factor in all the various costs of living -- which increase as we age – including utilities, food, mortgage, taxes, insurance and maintenance issues. Did you know the average cost of all these expenses is $3,431 per month?
Down the road, the cost of in-home care also becomes much higher. In addition to hiring help to clean, cut the lawn, or all the other seemingly endless tasks that go along with home ownership, the costs quickly add up. More importantly, consider your health and the loneliness that can come with living by yourself. There’s a cost associated with that as well. In addition to all off the other unpredictable events that might happen as you age.
As one of the best senior living communities in Chicagoland, Friendship Village is predictable and prepared to welcome you. When you weigh the costs of living at Friendship Village versus on your own, you’ll find that the difference in price is actually quite comparable and definitely worth the value.
One check covers it all:
Illinois has the second-highest property taxes in the country. The statewide tax rate is 2.16%, nearly double the national average. The typical homeowner in Illinois pays $4,527 annually in property taxes.
Homeowners will spend between 1 to 4 percent of a home’s value annually on maintenance and repairs, which tend to increase as the house ages.