ElderCareCost

Elder Care Cost: Chicago, IL vs Albuquerque, NM (2026)

Albuquerque, NM assisted living runs $4,100/month — $800/month less than Chicago, IL's $4,900/month. That's $9,600/year.

Chicago, IL, IL

$4,900

assisted living/month

+$400 vs national avg

Albuquerque, NM, NM

$4,100

assisted living/month

-$400 vs national avg

Chicago, IL vs Albuquerque, NM — All Care Types

Monthly costs. Green = lower cost. National average shown for context.

Care Type Chicago, IL Albuquerque, NM
Assisted Living $4,900/mo $4,100/mo
Nursing Home (Private) $9,500/mo $8,900/mo
In-Home Aide $5,700/mo $5,100/mo
Memory Care $6,800/mo $5,800/mo
Adult Day Care $1,700/mo $1,400/mo

Source: Genworth/CareScout Cost of Care Survey. 2026 estimates.

Annual Cost Impact

For assisted living, Albuquerque, NM costs $49,200/year vs Chicago, IL's $58,800/year.

Monthly savings

$800

Annual savings

$9,600

2-year total savings

$19,200

% difference

20%

Savings = Chicago, IL cost minus Albuquerque, NM cost. Assisted living only.

Overall, Albuquerque, NM is more affordable — lower cost on 5 of 5 care types.

Frequently Asked Questions

Is elder care cheaper in Chicago, IL or Albuquerque, NM?

Albuquerque, NM has lower assisted living costs at $4,100/month vs. $4,900/month in Chicago, IL — a difference of $800/month ($9,600/year).

What types of elder care are compared here?

This page compares five common senior care types: assisted living, nursing home (private room), in-home aide (44 hrs/week), memory care, and adult day care. These cover the full range from part-time supervision to full residential skilled nursing care.

How do these cities compare to the national average?

The national average for assisted living is $4,500/month. Chicago, IL is $400 above the national average. Albuquerque, NM is $400 below the national average.