There are 20 retirement homes near Shrewsbury, New Jersey. Retirement home living costs in New Jersey range from around $37 to $171 per day, with an average expense running around $100. The monthly cost averages about $2,986 and ranges between $1,104 and $5,115. Yearly, the median cost is around $35,838, which is above the national average of $23,100.
Retirement home living costs in Shrewsbury, NJ range from about $1,804 per month up to $5,528 per month, with an average cost of approximately $3,823 per month. This equates to a yearly cost of $45,870.
Shrewsbury is a municipality in Monmouth County within the State of New Jersey. It is included in the New York-Northern New Jersey-Long Island metro statistical area. While the city contains just 3,809 residents, the encompassing metro area has a population of 5,372,907. The 55+ community currently comprises about 31% of the overall population.
Shrewsbury has an outstanding SeniorScore™ of 85. The city's average household income is $122,000 ($55,000 per person), in comparison to the average of $84,000 for the whole of New Jersey. The average housing price in Shrewsbury is $781,500, which is relatively higher than the state average of $547,500. Shrewsbury has a low unemployment rate of approximately 2.48%.
Shrewsbury has moderate mean temperatures, with moderate winters and pleasant summers. The city receives heavy levels of rainfall each year. Compared to other cities in the United States, Shrewsbury has moderate water quality ratings, lower than average air quality ratings, and a very low crime rate.