Cost of Living in Seaside Park

Seaside Park, is a small beach town located on the Barnegat Peninsula in Ocean County. Known for its family-friendly atmosphere and beautiful beaches, the cost of living in Seaside Park can be quite high, especially during the peak summer months when the town becomes a popular tourist destination. Housing prices in Seaside Park vary depending on proximity to the beach and the size and condition of the property. As of my knowledge cutoff in early 2023, the median home value in Seaside Park is significantly higher than the national average.

For 3-bedroom homes, prices can range from $500,000 to over $1 million, depending on the location and amenities. A 4-bedroom home in a desirable location close to the beach can easily exceed $1 million, with some properties reaching up to $2 million or more. Apartment rentals are also quite pricey, with a 2-bedroom apartment typically renting for between $1,500 and $2,500 per month, although prices can be higher for units with ocean views or updated interiors. Apartment purchases are similarly expensive, with condos and smaller units starting at around $300,000 and going up to $600,000 or more for units with premium features and locations.

Dining out in Seaside Park can also be costly, with many restaurants catering to the summer tourist crowd. A meal at a mid-range restaurant can cost between $15 and $30 per person, and a dinner for two at a higher-end establishment can easily exceed $100. Utilities, including electricity, heating, cooling, water, and garbage, can cost around $200 to $300 per month for a standard home, though this can fluctuate based on usage and the time of year.

Private school tuition varies widely depending on the institution and the level of education. Preschool tuition can range from $800 to $1,500 per month. Elementary and middle schools can cost between $5,000 and $15,000 per year, while private high schools can range from $10,000 to $30,000 per year or more for prestigious institutions. These costs are influenced by the quality of the school, the student-to-teacher ratio, and the facilities provided.