Cost of Living in Port Washington
Summary: If you are thinking about moving to Port Washington, here is an overview of the cost of living there.
Port Washington, is a hamlet located on the North Shore of Long Island, known for its waterfront views, community feel, and proximity to New York City. The cost of living in Port Washington is higher than the national average, reflecting its desirable location and high quality of life. Housing costs are a significant factor in the overall cost of living in this area. As of my knowledge cutoff in early 2023, the median price for a 3-bedroom home in Port Washington can range from $700,000 to over $1 million, depending on the location, condition, and amenities of the property. For a 4-bedroom home, prices typically start around $900,000 and can exceed $2 million for luxury properties with prime locations or water views.
Apartment rentals in Port Washington also reflect the upscale nature of the community. A 1-bedroom apartment can rent for anywhere between $2,000 to $3,000 per month, while larger 2-bedroom apartments may range from $2,500 to over $4,000 per month. Apartment purchases vary widely based on size, location, and amenities, with condos and co-ops starting in the $300,000 range for a 1-bedroom and going up to $1 million or more for larger, more luxurious units.
Dining out in Port Washington offers a variety of options, from casual eateries to upscale restaurants. A meal at an inexpensive restaurant might cost around $15 to $25 per person, while a three-course meal at a mid-range restaurant could be between $50 to $100 per person, excluding drinks and gratuity. Utilities, including electricity, heating, cooling, water, and garbage, can cost around $200 to $400 per month for a standard family home, depending on usage and the time of year.
Private school tuition in Port Washington varies by the level of education and the institution. For preschool, annual tuition can range from $10,000 to $20,000. Elementary schools may charge between $20,000 to $30,000 per year, while middle and high schools can cost from $25,000 to over $40,000 annually. These costs reflect the high demand for private education and the quality of the schools in the area.
| Item | Cost |
|---|---|
| 3-Bedroom Home Purchase | $700,000 - $1,000,000+ |
| 4-Bedroom Home Purchase | $900,000 - $2,000,000+ |
| 1-Bedroom Apartment Rental | $2,000 - $3,000/month |
| 2-Bedroom Apartment Rental | $2,500 - $4,000+/month |
| Apartment Purchase | $300,000 - $1,000,000+ |
| Inexpensive Restaurant Meal | $15 - $25/person |
| Mid-Range Restaurant Meal | $50 - $100/person |
| Utilities (Monthly) | $200 - $400 |
| Private Preschool Tuition (Annual) | $10,000 - $20,000 |
| Private Elementary School Tuition (Annual) | $20,000 - $30,000 |
| Private Middle School Tuition (Annual) | $25,000 - $40,000+ |
| Private High School Tuition (Annual) | $25,000 - $40,000+ |
About the Author
Betsy Burlingame is one of the founders of BlueBurbia and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and BlueBurbia, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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