What Does It Cost?
When you are considering retirement communities or even comparing them to living at home, one of the first questions everyone asks is what does it cost? No matter where you live, there are costs involved, from rent or a mortgage to utilities and taxes. Kendal at Lexington is a Life Plan community, where providing for your long-term health care is part of the contract. Part of your entry fee and monthly fee covers the cost of this care, which also makes a portion of these fees tax-deductible for many residents.
Entrance fees for a single occupant for a typical Lifecare contract range from approximately $197K-$952K. Monthly fees range from approximately $4000-$8000. Modified contracts are offered at reduced rates. Higher refund options are also available. For the full fee list, please submit the form at the bottom of this page.
Living at Kendal on Lexington
Moving to a community like Kendal at Lexington is a big decision. Our goal is to explain the options and help you choose a residence and plan that best fits your needs. Residents pay a one-time entrance fee and monthly fees. The fees cover a residence, services and amenities and a comprehensive package of health care services.
Let’s Talk
We encourage you to contact us to talk about the cost of living at Kendal at Lexington—and to compare that amount with your current living and maintenance expenses.
Many people are surprised when they add up current monthly costs and realize how many of those expenses are covered here in addition to their home itself—such expenses as utilities, lawn-mowing and snow removal, Internet, many meals, property taxes and much more.
Agreement Options
Knowing that each person has different needs and resources, Kendal at Lexington offers three options for continuing care:
Lifecare
The resident(s) will receive an unlimited number of lifetime days of skilled nursing care at the same monthly fee as they would pay in their apartment or cottage.
60-Day Modified Agreement or 3 year per Diem Modified Agreement
60 Day: The resident(s) will receive 60 lifetime days of nursing care at the same monthly fee as they would pay in their apartment or cottage. After 60 days, the resident will pay the per diem rate.
3-Year Per Diem Modified Health Care: Initially the resident receives 60 days of nursing care at the same monthly fee as they would pay in their apartment or cottage. After the 60-day period, the resident pays the per diem rate for 1,095 days in the Borden Health Center. Following the 3-year per diem period, the resident receives an unlimited number of lifetime days of nursing care at the same monthly fee as they would pay in their apartment or cottage.
Kendal at Lexington also offers a choice of a 2% declining refund plan, 50% refund plan, or 90% refund plan.
Wondering if Kendal fits your financial plans?
Try this easy-to-use calculator to find out which residential plans are a preliminary financial match for your future.
Request Schedule of Fees
Fill out the form below to view the current Schedule of Fees. You can also learn about our fees by calling us directly at (800) 976-8303.
For direct admission fees and information on Skilled Nursing and Assisted Living, please contact us at (540) 463-1910.