The Cost of Retirement Living

The cost of retirement living covers more than just a physical home. It is an investment in a lifestyle plan that addresses new priorities in vitality, guaranteed access to health care (whenever needed) and asset protection.

Options at Masonic Village at Elizabethtown include paying an entrance fee and corresponding monthly service fee for an apartment or cottage or paying only a monthly service fee for a rental apartment. The monthly service fee assures day-to-day services and maintenance are managed in a way that allows you to live life to its fullest.

Each living accommodation, under the Entrance Fee Options and Rental Plan, includes wall-to-wall carpeting, window treatments, electric range, refrigerator, microwave, washer and dryer, emergency call system, smoke detector and individually-controlled heating and air conditioning.

Monthly Service Fee Includes:

  • Flexible meal plans for your active life
  • Interior and exterior home repairs and maintenance
  • Provided appliances maintenance, repair and/or replacement
  • Twice monthly housekeeping
  • Housekeeping of common areas
  • Lawn service and seasonal landscaping
  • On-campus security
  • Emergency response system
  • Storage for apartments
  • Access to an online portal (dining menus, campus updates, event calendars, games, photo/video sharing, etc.)
  • Trash and snow removal
  • Water and sewer
  • Electric
  • Heat/air conditioning
  • Property taxes (if applicable)
  • Property insurance
  • Scheduled transportation on and off campus
  • Recreational and leisure programs
  • Access to health care services

Entrance Fee Options

The entrance fee allows residents to live in a private and spacious apartment and take advantage of the many amenities on campus. Monthly fees cover day-to-day services and maintenance. Masonic Village at Elizabethtown offers two choices for entrance fees:

  1. Four-Year Declining Balance: This option is a lower financial investment with a refund balance that declines gradually over an four-year period. The length of stay determines refunds to residents or their estates. The amount of refund declines at a rate of 6% the first month and 2% each of the following months. After four years, there is no remaining refund.
  2. 90% Refundable: This option protects the value of an estate by providing a 90% refund of the original entrance fee paid to the resident(s) or their estates.

 

2023 Entrance Fee Cottages

  Entrance Fee Options Monthly Service Fee
Franklin, Truman and Jackson Drive Cottages 4-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
Two bedroom (Type #1) $221,550 $376,635 $2,483 $3,297
Two bedroom (Type #2) $249,900 $424,830 $2,662 $3,478
Two bedroom/den (Type #3) $290,115 $493,196 $2,922 $3,740
Two bedroom/basement (Type #4) $285,600 $485,520 $2,735 $3,552
Two bedroom/den/basement (Type #5) $327,705 $557,099 $3,016 $3,831
Taft Court and Monroe, Ford, and McKinley Drive Cottages 4-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
Two bedroom (Type #6) $243,810 $414,477 $2,779 $3,624
Two bedroom/den (Type #7) $283,395 $481,772 $2,957 $3,780
Two bedroom/basement (Type #8) $334,425 $568,523 $2,891 $3,739
Two bedroom/den/basement (Type #9) $384,090 $652,953 $3,122 $3,946
Garfield, Harding and Polk Drive Cottages 4-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
Two bedroom (Type #10) $267,435 – $284,970 $454,640 – $484,449 $2,421 $3,152
Two bedroom/den (Type #11) $317,730/ $334,110 $540,141/ $567,987 $2,753 $3,494
Two bedroom/basement (Type #12) $310,800/ $319,410 $528,360/ $542,997 $2,527 $3,264
Two bedroom/den/basement (Type #13) $362,880 $616,896 $2,915 $3,659
Commandery, Guest, Templar and Umbaugh Drive Cottages 4-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
Two bedroom (Type #10) $300,405 $510,689 $2,421 $3,152
Two bedroom/den (Type #11) $358,470 $609,399 $2,753 $3,494
Two bedroom/basement (Type #12) $328,965 $559,241 $2,527 $3,264
Two bedroom/den/basement (Type #13) $389,025 $661,343 $2,915 $3,659

2023 Entrance Fee Apartments

  Entrance Fee Options Monthly Service Fee
Buchanan Apartments 4-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
One bedroom (Type A) $142,380 $256,284 $2,038 $2,849
Two bedroom (Type B) $187,635 $337,743 $2,331 $3,139
Two bedroom/balcony (Type BC) $211,050 $379,890 $2,496 $3,300
Two bedroom/den (Type C) $240,555 $432,999 $2,558 $3,364
Tall Cedar Lane Cottages 4-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
One bedroom (Type D) $199,500 $339,150 $2,622 $3,425
Two bedroom (Type E) $265,335 $451,070 $2,910 $3,714
Sycamore Apartments 4-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
One bedroom/balcony (Type AS) $141,750 $255,150 $2,237 $3,128
Two bedroom/balcony (Type BS) $186,795 $336,231 $2,519 $3,327
Two bedroom/deluxe/balcony (Type BD) $228,480 $411,264 $2,568 $3,389
Two bedroom/den/balcony (Type CS) $243,600 $438,480 $2,616 $3,450
Two bedroom/den/corner/balcony (Type CD) $286,755 $516,159 $2,850 $3,763
Compass Apartments 4-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
Two bedroom (Type A) $258,405 $465,129 $2,635 $3,456
One bedroom/den (Type B) $213,150 $383,670 $2,316 $3,137
Two bedroom/den (Type C) $295,785 $532,413 $2,816 $3,637
One bedroom/den (Type D, E, F) $248,640 $447,552 $2,635 $3,456
One bedroom/den (Type G) $241,080 $433,944 $2,555 $3,375
Townhomes at Sycamore Square 4-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
Townhome TA $259,875 $467,775 $2,540 $3,350
Townhome TB $262,080 $471,744 $2,540 $3,350
Townhome TC $284,025 $511,245 $2,767 $3,578

2023 Rental Fee Apartments

Single Occupancy Double Occupancy
Studio $2,121 $2,812
Deluxe Studio $2,277 $3,007
Deluxe Suite $2,788 $3,486
One-Bedroom $3,018 $3,720
One-Bedroom Deluxe $3,256 $3,950
Two-Bedroom $4,113 $4,812

Costs are effective as of Jan. 1, 2023 and are subject to change. Please contact Masonic Village for details at 1-800-676-6452.

Questions?

If you have any questions, please feel free to contact us at 1-866-872-0664. Our normal business hours are Monday-Friday, 8 a.m. to 4 p.m.