Cost of Living in St. James

St. James, is a hamlet located in Suffolk County on Long Island. The cost of living in St. James is generally higher than the national average, reflecting the overall high cost of living in the New York metropolitan area. Housing prices in St. James can vary widely depending on the location, size, and condition of the property. As of my knowledge cutoff in early 2023, the median home value in St. James is around $600,000. For a 3-bedroom home, prices typically range from $450,000 to $650,000, while 4-bedroom homes can range from $550,000 to over $800,000, with luxury properties and those in prime locations fetching even higher prices.

Apartment rentals in St. James can also be quite costly. A 1-bedroom apartment might rent for between $1,500 and $2,000 per month, while a 2-bedroom apartment could cost between $2,000 and $2,500 per month or more. Apartment purchases vary significantly based on size, location, and amenities, but you can expect to pay anywhere from $300,000 to $500,000 for a 2-bedroom unit. Dining out in St. James can also be a bit pricey, with a meal at an inexpensive restaurant averaging around $15 to $25 per person, and a three-course meal at a mid-range restaurant might cost between $50 and $75 per person.

Utilities, including electricity, heating, cooling, water, and garbage, for a standard 85m² apartment in St. James, can range from $150 to $250 per month, depending on usage and the time of year. Internet services typically add another $60 to $100 per month. 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. Elementary schools might charge between $15,000 and $30,000 per year, while middle and high schools can cost anywhere from $20,000 to over $40,000 annually. These costs can be even higher for prestigious institutions or those offering specialized programs.