Cost of Living in Westwood

Westwood, often referred to as "The Hub of the Pascack Valley," is a borough in Bergen County with a quaint, small-town feel and a relatively high cost of living compared to the national average. Housing prices in Westwood can vary significantly based on the location, size, and condition of the property. As of my knowledge cutoff in early 2023, the median home value for a 3-bedroom home in Westwood is approximately $450,000 to $550,000, while a 4-bedroom home may range from $550,000 to $700,000 or more, depending on the specific features and location within the borough.

Apartment rentals in Westwood also reflect the higher cost of living in the area. A 1-bedroom apartment typically rents for between $1,800 and $2,200 per month, while a 2-bedroom apartment can range from $2,300 to $3,000 or more per month. For those interested in purchasing an apartment or a condo, prices can vary widely, but a ballpark figure would be between $300,000 and $500,000, depending on the size and amenities offered.

Dining out in Westwood offers a variety of options, from casual eateries to more upscale restaurants. A meal at a mid-range restaurant for two could cost between $50 and $100, while a dinner at a higher-end establishment could easily exceed $100 for two people, not including drinks, tax, and tip. Fast food and takeout options are also available, with prices typical for the region.

Utilities in Westwood, including electricity, heating, cooling, water, and garbage services, can cost around $250 to $350 per month for a standard family home, though this can fluctuate based on usage and the time of year. Internet and cable services are additional and can range from $60 to $120 per month, depending on the provider and package chosen.

Private school tuition in Westwood varies by the level of education and the institution. Preschool tuition can range from $10,000 to $20,000 per year, depending on the program's length and comprehensiveness. Elementary and middle schools can cost between $15,000 and $30,000 per year, while private high schools can be even more expensive, with some tuitions reaching upwards of $40,000 per year. These costs are highly dependent on the specific school and the type of education it offers.