There are 20 retirement homes serving Monroe, Michigan. This includes 2 in Monroe and 18 nearby. Retirement home care costs in Michigan range from about $14 up to $144 per day, with a median expense running approximately $59. The per month cost averages about $1,760 and ranges between $412 and $4,317. On a yearly basis, the average cost is about $21,120, which is under the nationwide average of $23,100.
Retirement home care costs in Monroe, MI range from $1,334 per month up to $1,581 per month, with an average cost of about $1,375 per month. That equates to an annual cost of $16,500.
Located in Monroe County, Monroe is a medium sized city in Michigan. The city has a total population of 55,814, with 133,865 residents in the surrounding area. The senior community currently represents 27% of the total population.
Monroe has an above average SeniorScore™ of 70. The city has an average per capita income of $24,000. The average household income is $48,000 compared to the average of $46,000 for the state of Michigan. The current unemployment rate is roughly 12.56% and the average housing price is $168,000, which is lower than the state average of $177,000.
Monroe has extreme average temperatures, with moderate winters and pleasant summers. The area gets low amounts of rain each year. In comparison to other cities in the US, Monroe has exceptional air quality ratings.