There are 22 assisted living facilities serving Cokato, Minnesota. This includes 4 facilities in Cokato and 18 nearby. The mean cost per day of assisted living in Minnesota is around $113, with costs ranging between $29 and $240 per day. On a per month basis, this equates to an average expenditure of $3,403, with costs ranging from about $867 up to $7,200. The mean yearly cost is $40,830, which is less than the US average of $42,000.
The cost for assisted living in Cokato, MN ranges from as little as $2,276 per month all the way up to $4,605 per month. The median cost is $3,568 per month, or about $42,810 per year.
SeniorScore™ for Cokato, Minnesota
The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.
- Cokato scores lower than the Minnesota average of 70.
- Cokato scores lower than the national average of 72.
- There is a low number of Medicare registered physicians within the city limits.
- There are no hospitals within close range of the city.
- There are 10 senior living facilities in close proximity to the city, including Cokato Manor, Edgewood Gables, and Lakeview Ranch.
- There is a low number of home healthcare providers operating in the city.
- There is a low number of fire stations serving the city.
- The average life expectancy is 81.1, compared to the national average of 78.6.
- There are 25 pharmacies within close range of the city.
- The city has a very low percentage of seniors in the population (22% of residents).
- There are 30 golf courses in or around the city, including Cokato Town & Country Club, Greens at Howard Lake, The, and Whispering Pines Golf Club.
- There are 5 parks near the city center, including Cokato Lake RV Resort, Collinwood Lake Park, and Collinwood Regional Park Campground.
- There are 13 churches in or near the city, including Stockholm Lutheran Church, Evangelical Lutheran Church, and Albion Evangelical Free Church.
- There are no malls / shopping centers within close range of the city.
- There are 6 grocery stores within the city.
- There are no movie theatres in or near the city.
- There are 14 gyms or health clubs in or near the city.
- The property taxes average 2.78% of total income, which is lower than the national average of 2.79%.
- The property taxes average 0.94% of property value, which is significantly lower than the national average of 1.09%.
- The city sales taxes averages 7.38%, which is higher than the national average of 6.97%.
- Minnesota has an average state income tax of 4.79%, compared to the national average of 3.38%.
- The city's mean household income is $66,484, which is higher than the national average of $64,580.
- The city's median household income is $56,458, which is higher than the national median of $51,560.
- The city's per capita income is $22,896, which is significantly lower than the national average of $25,611.
- Assisted living costs average $42,810 per year, which are average compared to national figures.
- Nursing home costs average $94,451 per year, which are average compared to national costs.
- Adult daycare costs average $15,860 per year, which are low compared to national numbers.
- Home healthcare costs average $56,628 annually, which are very high compared to national costs.
- The unemployment rate is about 4.04%, which is very low compared to national averages.
- The overall cost of living is average compared to national averages.
- 0% of the senior population are financially responsible for at least one grandchild.
- Cokato receives low levels of rainfall each year.
- Cokato has very harsh mean temperatures, with very cold winters and pleasant summers.
- This city has above average air quality.
- Cokato has a very sparse population density of 65.8 people per square mile.
- Residents of Cokato have an average daily commute time.
- The city has a high public transportation ridership.
- Cokato has a very high public school quality ranking.
- The city has a high public school safety rating.
- This city has a high graduation rate of 91.16%.
Cokato is a small city in Wright County, Minnesota. It is part of the Minneapolis-St. Paul-Bloomington metropolitan area. Though the encompassing area is home to 2,601,007 residents, there are 5,341 living within the city itself. 22% of the local residents are 55 and over.
Cokato has an average SeniorScore™ of 66. The city's average household income is $56,000 ($23,000 per capita), vs an average of $53,000 for the entire state of Minnesota. The average home price in Cokato is $247,500, which is somewhat higher than the Minnesota average of $211,500. Cokato also has a low unemployment rate of approximately 4.04%.
Cokato has extreme mean temperatures, with severely cold winters and calm summers. The city receives low levels of rainfall each year. In relation to other American cities, Cokato has good air quality.