ElderCareCost

Elder Care Cost: Chicago, IL vs Minneapolis, MN (2026)

Minneapolis, MN assisted living runs $4,700/month — $200/month less than Chicago, IL's $4,900/month. That's $2,400/year.

Chicago, IL, IL

$4,900

assisted living/month

+$400 vs national avg

Minneapolis, MN, MN

$4,700

assisted living/month

+$200 vs national avg

Chicago, IL vs Minneapolis, MN — All Care Types

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

Care Type Chicago, IL Minneapolis, MN
Assisted Living $4,900/mo $4,700/mo
Nursing Home (Private) $9,500/mo $11,000/mo
In-Home Aide $5,700/mo $6,100/mo
Memory Care $6,800/mo $6,700/mo
Adult Day Care $1,700/mo $1,800/mo

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

Annual Cost Impact

For assisted living, Minneapolis, MN costs $56,400/year vs Chicago, IL's $58,800/year.

Monthly savings

$200

Annual savings

$2,400

2-year total savings

$4,800

% difference

4%

Savings = Chicago, IL cost minus Minneapolis, MN cost. Assisted living only.

Overall, Chicago, IL is more affordable — lower cost on 3 of 5 care types.

Frequently Asked Questions

Is elder care cheaper in Chicago, IL or Minneapolis, MN?

Minneapolis, MN has lower assisted living costs at $4,700/month vs. $4,900/month in Chicago, IL — a difference of $200/month ($2,400/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. Minneapolis, MN is $200 above the national average.