Cost of Living in Kings Park

Kings Park, is a suburban community located in Suffolk County on Long Island. The cost of living in Kings Park is generally higher than the national average, reflecting the overall high cost of living in the Long Island and New York City metropolitan area. Housing costs are a significant factor in the area's cost of living. As of my knowledge cutoff in early 2023, the median home value in Kings Park for a 3-bedroom home can range from $450,000 to $600,000, while a 4-bedroom home can cost between $500,000 and $700,000 or more, depending on the location, size, and condition of the property. These prices can fluctuate based on the real estate market and specific neighborhood characteristics.

Apartment rentals in Kings Park can also be quite costly. For a 1-bedroom apartment, monthly rent can range from $1,500 to $2,000, while a 2-bedroom apartment can cost between $2,000 and $2,500 or more per month. Apartment purchases vary widely based on the size and amenities of the unit, but a condo or co-op could range from $300,000 to $500,000 or more. Dining out in Kings Park can also contribute to the cost of living, with a meal at an inexpensive restaurant averaging around $15 to $25 per person, and a three-course meal at a mid-range restaurant can cost between $50 and $75 per person.

Utilities, including electricity, heating, cooling, water, and garbage, for a standard 85m² apartment in Kings Park, can range from $150 to $250 per month, depending on usage and the time of year. Private school tuition varies widely depending on the institution and the level of education. Preschool costs can range from $10,000 to $20,000 per year, while elementary school tuition can range from $5,000 to $25,000 per year. Middle school and high school tuitions can be even higher, often ranging from $10,000 to $30,000 per year or more for prestigious institutions. These costs can be a significant consideration for families living in the area.