There are 20 retirement homes near New Providence, New Jersey. The daily costs of retirment home living in New Jersey range from $37 to $171, with an average expense running around $100. The per month expense averages about $2,986 and ranges between $1,104 and $5,115. On a yearly basis, the mean cost is around $35,838, which is above the national average of $23,100.
Retirement home care costs in New Providence typically range from around $1,804 per month up to $5,528 per month, with a median cost of about $3,823 per month. That equates to a yearly cost of about $45,870.
New Providence is a small city in Union County, New Jersey. It is included in the New York-Northern New Jersey-Long Island metro area. Though the city itself is home to 11,768 people, the surrounding metro area has a populace of 5,372,907. About 26% of the local populace are 55 and over.
New Providence has a very high SeniorScore™ of 81. The city has an average per capita income of $56,000 and an average household income is $121,000 (the New Jersey state average is $84,000). The current unemployment rate is roughly 6.46% and the mean housing price is $873,000, which is much more than the state average of $547,500.
New Providence has harsh average temperatures, with cold winters and calm summers. The city receives very high amounts of rainfall annually. In comparison to other cities in the United States, New Providence has average water quality ratings and poor air quality.