Introduction: Cognitive impairment is a prevalent issue among older adults and carries significant importance for both health and society. There are several factors that might play a role in its development, with hearing loss being one of them. Surprisingly, hearing loss is frequently disregarded in the care plans for elderly individuals facing cognitive challenges. This study seeks to explore how factors such as hearing loss, age, gender, and living location influence the cognitive abilities of older people and how they relate to specific characteristics of hearing loss. Method: This cross-sectional study conducted an assessment of cognitive performance in a group of 211 elderly individuals aged between 60 and 80 years, all of whom had cognitive impairments. Additionally, their hearing abilities were evaluated, and demographic information was collected. The study aimed to uncover any connections between risk factors and cognitive functioning in this elderly population. Results: The data examination allowed us to confirm that cognitive performance scores in this particular group of people were not influenced by gender or place of residence. Instead, age, as well as the presence, severity, and duration of hearing impairment, were the notable factors impacting test performance. Conclusion: In assessing the elderly, it is crucial to consider factors associated with cognition, such as age and the status of hearing loss, including its severity and duration. This consideration is essential for developing suitable care plans for geriatric individuals.