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The cost of independent living in Lake Five is about $2,741 per month. To find the best independent living for your preferences and budget, browse these 514 options.

Read 4602 reviews, see photos, and learn about amenities that make independent living the ideal next step for adults 55+ who wish to enjoy friendships and hobbies without the hassle of cooking and home maintenance. You may also consider nearby communities such as Milwaukee, Brookfield and Waukesha.

Lake Five Independent Living Facilities | 4602 Reviews

Cost of independent living in Lake Five, WI

The average cost of senior living in Lake Five is $2,741 per month. Cheaper nearby regions include Waukesha, WI with an average of $2,424 per month.

Independent living costs in Lake Five, WI, vs. state and national averages

Lake Five, WI

$2,741/mo

Wisconsin state

$3,028/mo

U.S. national average

$3,520/mo

Independent living costs in Lake Five, WI, vs. other senior living options

Assisted Living

$5,771/mo

Memory Care

$7,760/mo

Independent Living

$2,741/mo

Independent living costs in Lake Five, WI, by floor plan type

Studio

$2,489/mo

1 Bedroom

$3,125/mo

2 Bedroom

$4,220/mo

Senior living costs in Lake Five vs. state and national costs

Cost comparison table showing community type costs by location. This table contains 3 rows of data across 4 columns.

Column communityType: Community type

Column destination: Lake Five, WI

Column state: Wisconsin

Column national: U.S.

Community type	Lake Five, WI	Wisconsin	U.S.
Independent Living	$2,741/mo	$3,028/mo	$3,520/mo
Assisted Living	$5,771/mo	$5,889/mo	$5,830/mo
Memory Care	$7,760/mo	$7,352/mo	$6,999/mo

Independent Living

Lake Five, WI:$2,741/mo

Wisconsin:$3,028/mo

U.S.:$3,520/mo

Assisted Living

Lake Five, WI:$5,771/mo

Wisconsin:$5,889/mo

U.S.:$5,830/mo

Memory Care

Lake Five, WI:$7,760/mo

Wisconsin:$7,352/mo

U.S.:$6,999/mo

Table showing 5 of 3 items. Click to show less.

Independent living costs in Lake Five, WI, over time

The line graph below shows how monthly independent living costs have shifted over the past five years in Lake Five and how those changes compare with state and national trends. The figures represent quarterly averages of what seniors actually paid after moving into A Place for Mom partner communities.

Lake Five, WIWI stateNational

Independent living cost trends in Lake Five, WI

The table below shows how monthly independent living costs in Lake Five have changed in the last two years and how those changes compare with state and national trends. The figures represent averages of actual costs paid by seniors who moved into A Place for Mom partner communities in 2023 and 2024.

Cost comparison table showing 2023 and 2024 average costs by location. This table contains 3 rows of data across 4 columns.

Column location: Location

Column cost2024: 2024 average cost

Column cost2023: 2023 average cost

Column percentChange: Percent change

Location	2024 average cost	2023 average cost	Percent change
Lake Five, WI	$2,363/mo	$2,558/mo	-7.6%
Wisconsin	$2,867/mo	$2,990/mo	-4.1%
National	$3,416/mo	$3,319/mo	+2.9%

Lake Five, WI

2024 average cost:$2,363/mo

2023 average cost:$2,558/mo

Percent change:-7.6%

Wisconsin

2024 average cost:$2,867/mo

2023 average cost:$2,990/mo

Percent change:-4.1%

National

2024 average cost:$3,416/mo

2023 average cost:$3,319/mo

Percent change:+2.9%

Table showing 5 of 3 items. Click to show less.

Discover the many ways to pay for senior living

Planning ahead can better position you to make good choices for your loved one’s care in the future. But if your aging family member needs care now, there are ways to finance the cost of long-term care through a combination of approaches.

Your Guide to Paying for Care

Plan for and know your options for how to cover long-term care expenses.

Your Guide to VA Benefits

The VA provides two veterans benefits that can be used to offset the costs of long-term care.

Medicare and Medicaid

Understand the difference between these two public pay options, and what they cover.

What families are saying about independent living in Lake Five

Recent reviews for independent living in Lake Five

Regency Muskego

5.0

N/a when it comes to the meals and dining. Dad is in independent living apartment so makes own meals. The activities are outstanding. Tons of activities for the residents to participate in. The value for cost was more than what we originally planned to spend. But after being there and ...

Lakehouse Menomonee Falls

4.8

The staff members are all definitely friendly, and we do think they offer good activities. We think it is nicely ran, everyone there is very nice. We would recommend this community to a family or friend.

Spero Heritage in Watertown, WI

4.7

Heritage Homes is my choice for the place I call "home". It offers the amenities I value, such as central air conditioning, a parking garage that is easy to navigate in, craft room usage for my prized stash of craft materials, spacious living in square footage the size of a house, quiet home ...

Lake Five independent living services and amenities

These charts highlight some of the many care, dining, and entertainment offerings available in Lake Five independent living communities. They don’t represent all possible services and amenities available at assisted living communities in Lake Five, but support comparisons against nationwide offerings. Our Senior Living Advisors can help you find communities that fit your preferences.

Availability of select dietary accommodations in Lake Five independent living

Independent living communities help seniors maintain a balanced diet by accommodating their health needs, allergies, and other restrictions. Below you’ll find the percentage of Lake Five partners making specific dietary accommodations for seniors compared to the percentage of assisted living partners making those accommodations nationally.

Lake Five, WINational

Nutritionist / dietician

9.9%

21.2%

Low / no sodium

25%

35.7%

No sugar

22%

32%

Vegetarian

24.6%

34.8%

Pureed meals

11.7%

0.0%20.0%40.0%60.0%80.0%100%

Availability of select dining options in Lake Five independent living

Our independent living communities know that seniors want top-quality meals and options for how they dine. The chart below indicates the percentage of Lake Five communities that offer dining options to their discerning residents compared to our partners nationally.

Lake Five, WINational

Professional chef

16.6%

37.6%

Restaurant style dining

25.1%

44.8%

Room service

17.7%

38.2%

Anytime dining

7.2%

17.8%

0.0%20.0%40.0%60.0%80.0%100%

Availability of select programs and activities in Lake Five independent living

Senior living communities offer a variety of programming to keep seniors socially, mentally, and physically vibrant. The chart below shows what percentage of partnered independent living communities in Lake Five offer the selected activities, amenities, and programs compared to the percentage of partners nationwide.

Lake Five, WINational

Activity director

30.4%

46.5%

Pet-focused programs

19.9%

29.3%

Community service programs

17%

34.2%

Devotional activities on-site

47%

48.3%

Parties / BBQs / happy hour

36.5%

50.1%

Outings / off-site activities

51.1%

54.9%

Piano or organ

26.9%

44.2%

Arts and crafts center

21.6%

39.7%

Educational speakers / life long learning

20.9%

43%

Clubs / games / karaoke

32.6%

48.3%

Live performances

33.9%

48.1%

Dances

13.6%

34.3%

Fitness center

16.6%

40.8%

Fitness classes

31.2%

47.6%

0.0%20.0%40.0%60.0%80.0%100%

More questions?

Ask an A Place for Mom local advisor at no cost.

The information contained on this page is for informational purposes only and is not intended to constitute medical, legal or financial advice or create a professional relationship between A Place for Mom and the reader. Always seek the advice of your health care provider, attorney or financial advisor with respect to any particular matter, and do not act or refrain from acting on the basis of anything you have read on this site. Links to third-party websites are only for the convenience of the reader; A Place for Mom does not endorse the contents of the third-party sites.

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“A Place for Mom is invaluable and I am indebted to their service – and Carolin in particular for what she did to help me and my family during a very difficult time.”

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10 Best Independent Living Communities in Lake Five, WI

Lake Five Independent Living Facilities | 4602 Reviews

Our free advisors can help

Cost of independent living in Lake Five, WI

Independent living costs in Lake Five, WI, vs. state and national averages

Independent living costs in Lake Five, WI, vs. other senior living options

Independent living costs in Lake Five, WI, by floor plan type

Senior living costs in Lake Five vs. state and national costs

Independent living costs in Lake Five, WI, over time

Independent living cost trends in Lake Five, WI

Discover the many ways to pay for senior living

What families are saying about independent living in Lake Five

Recent reviews for independent living in Lake Five

Lake Five independent living services and amenities

Availability of select dietary accommodations in Lake Five independent living

Availability of select dining options in Lake Five independent living

Availability of select programs and activities in Lake Five independent living

More questions?