There are 52 retirement homes in Miami, Florida. The mean cost / day of retirment home living in Florida is approximately $55, with costs running between $16 and $145 per day. On a monthly basis, this equates to a mean cost of $1,650, with costs ranging from about $467 up to $4,356. The mean annual cost is $19,800, which is less than the national average of $23,100.
The cost for retirement home living in Miami, FL ranges from as little as $550 per month up to $3,163 per month. The median cost is about $1,513 per month, or about $18,150 yearly.
Miami is a major city in Miami-Dade County, Florida. It is included in the Miami-Fort Lauderdale-Pompano Beach metropolitan statistical area. It is the largest city in the state. Though the city includes 1,723,766 people, the encompassing area includes a total population of 4,379,209. The 55-and-over community represents about 25% of the overall population.
Miami has a good SeniorScore™ of 70. The city has a median per capita income of $24,000 and a median household income is $50,000 (the Florida state average is $40,000). The current unemployment rate is around 10.06% and the median home price is $190,500, which is relatively lower than the state average of $208,500.
Miami has ideal average temperatures, with very mild winters and very balmy summers. The city receives very heavy amounts of rain each year. In comparison to similarly-sized cities, Miami has a very high rate of crime, moderate water quality, and poor air quality.