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┬áVillage Connect 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. Eight-Year Declining Balance: This option is a lower financial investment with a refund balance that declines gradually over an eight-year period. The length of stay determines refunds to residents or their estates. The amount of refund declines at a rate of 5% the first month and 1% each of the following months. After eight 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.

2021 Entrance Fee Cottages

  Entrance Fee Options Monthly Service Fee
Franklin, Truman and Jackson Drive Cottages 8-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
Two bedroom (Type #1) $207,800 $353,260 $2,247 $2,983
Two bedroom (Type #2) $234,400 $398,480 $2,409 $3,147
Two bedroom/den (Type #3) $272,200 $462,740 $2,645 $3,384
Two bedroom/basement (Type #4) $267,900 $455,430 $2,475 $3,214
Two bedroom/den/basement (Type #5) $307,400 $522,580 $2,729 $3,467
Taft Court and Monroe, Ford, and McKinley Drive Cottages 8-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
Two bedroom (Type #6) $228,700 $388,790 $2,515 $3,280
Two bedroom/den (Type #7) $265,900 $452,030 $2,676 $3,421
Two bedroom/basement (Type #8) $313,700 $533,290 $2,616 $3,383
Two bedroom/den/basement (Type #9) $360,300 $612,510 $2,825 $3,571
Garfield, Harding and Polk Drive Cottages 8-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
Two bedroom (Type #10) $250,900 – $267,300 $426,530 – $454,410 $2,191 $2,853
Two bedroom/den (Type #11) $298,100 / $313,400 $506,770 / $532,780 $2,491 $3,162
Two bedroom/basement (Type #12) $291,600 / $299,700 $495,720 / $509,490 $2,287 $2,953
Two bedroom/den/basement (Type #13) $340,400 $578,680 $2,638 $3,311
Commandery, Guest, Templar and Umbaugh Drive Cottages 8-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
Two bedroom (Type #10) $281,800 $479,060 $2,191 $2,853
Two bedroom/den (Type #11) $336,300 $571,710 $2,491 $3,162
Two bedroom/basement (Type #12) $308,600 $620,500 $2,287 $2,953
Two bedroom/den/basement (Type #13) $365,000 $620,500 $2,638 $3,311

2021 Entrance Fee Apartments

Entrance Fee Options Monthly Service Fee
Buchanan Apartments 8-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
One bedroom (Type A) $133,500 $240,300 $1,845 $2,578
Two bedroom (Type B) $176,000 $316,800 $2,109 $2,840
Two bedroom/balcony (Type BC) $198,000 $356,400 $2,259 $2,986
Two bedroom/den (Type C) $225,700 $406,260 $2,315 $3,045
Tall Cedar Lane Cottages 8-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
One bedroom (Type D) $187,100 $318,070 $2,373 $3,099
Two bedroom (Type E) $248,900 $423,130 $2,633 $3,361
Sycamore Apartments 8-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
One bedroom/balcony (Type AS) $133,000 $239,400 $2,024 $2,831
Two bedroom/balcony (Type BS) $175,200 $315,360 $2,279 $3,011
Two bedroom/deluxe/balcony (Type BD) $214,300 $385,740 $2,324 $3,067
Two bedroom/den/balcony (Type CS) $228,500 $411,300 $2,367 $3,122
Two bedroom/den/corner/balcony (Type CD) $269,000 $484,200 $2,579 $3,405
Compass Apartments 8-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
Two bedroom (Type A) $242,400 $436,320 $2,385 $3,127
One bedroom/den (Type B) $200,000 $360,000 $2,096 $2,838
Two bedroom/den (Type C) $277,500 $499,500 $2,549 $3,291
One bedroom/den (Type D, E, F) $233,300 $419,940 $2,385 $3,127
One bedroom/den (Type G) $226,200 $407,160 $2,312 $3,054
Townhomes at Sycamore Square 8-Year Declining Balance 90% Refundable Single Occupancy Double Occupancy
Townhome TA $243,800 $438,840 $2,298 $3,031
Townhome TB $245,900 $442,620 $2,298 $3,031
Townhome TC $266,500 $479,700 $2,504 $3,237

2021 Rental Fee Apartments

Single Occupancy Double Occupancy
Studio $1,919 $2,545
Deluxe Studio $2,060 $2,721
Deluxe Suite $2,523 $3,155
One-Bedroom $2,731 $3,366
One-Bedroom Deluxe $2,947 $3,574
Two-Bedroom $3,722 $4,355

Costs are effective as of Jan. 1, 2021 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.

Download our 2021 Rates