There are 12 retirement homes in Minneapolis, Minnesota. Retirement home living costs in Minnesota range from about $16 to $132 daily, with a mean expense running approximately $62. The per month expense averages around $1,871 and ranges between $476 and $3,960. Annually, the median cost is around $22,456, which is below the nationwide average of $23,100.
Retirement home care costs in Minneapolis, MN range from around $1,252 per month up to $2,533 per month, with an average cost of about $1,962 per month. That equates to a yearly cost of around $23,546.
Minneapolis is a large city in Hennepin County, Minnesota. It is part of the Minneapolis-St. Paul-Bloomington metropolitan statistical area. It is the biggest city in the state. The surrounding area includes 2,601,007 people, but there are 1,022,298 living within the city itself. People who are 55 and over constitute approximately 23% of the community.
Minneapolis has an above average SeniorScore™ of 74. The city's mean household income is $60,000 ($33,000 per capita), compared to an average of $53,000 for the entire state of Minnesota. The mean housing price in Minneapolis is $240,000, which is higher than the state average of $211,500. Minneapolis has a moderate unemployment rate of around 8.28%.
Minneapolis has very harsh mean temperatures, with severely cold winters and mildly warm summers. The city receives low amounts of precipitation each year. Minneapolis has a very high rate of crime, very low air quality, and exceptional water quality in relation to similarly-sized cities.