Cost of Living in Bay Head

Bay Head, is a small coastal borough in Ocean County, known for its quiet residential character and beautiful beaches. The cost of living in Bay Head is significantly higher than the national average, primarily due to the high cost of housing in this desirable area. Housing prices in Bay Head vary depending on proximity to the beach and other amenities, but they are generally steep. For a 3-bedroom home, prices can range from $700,000 to well over $1.5 million, depending on the location, size, and condition of the property. A 4-bedroom home typically starts at around $1 million and can go up to several million dollars for prime properties with ocean views or larger lots.

Apartment rentals in Bay Head are not as common as home rentals, but a few options are available, usually in the form of smaller units or portions of houses. Monthly rents for such apartments can range from $1,500 to $3,000 or more, depending on the size and location. Apartment purchases are also on the higher end, with prices similar to or slightly less than the cost of single-family homes, depending on the amenities offered and the exact location within Bay Head.

Dining out in Bay Head can cater to a range of budgets, but many of the local restaurants are upscale, reflecting the affluent nature of the community. A meal at a mid-range restaurant can cost around $50 to $70 per person, while fine dining establishments can charge $100 or more per person, excluding drinks and gratuities. Utilities, including electricity, heating, cooling, water, and garbage services, can cost around $250 to $400 per month for a standard family home, though this can vary widely with the season due to heating and cooling needs.

Private school tuition in Bay Head and the surrounding areas is another significant expense for families. Preschool programs can range from $10,000 to $20,000 per year. Elementary and middle schools can cost between $15,000 and $30,000 annually, while private high schools can be even more expensive, with tuition ranging from $20,000 to over $40,000 per year. These costs can vary greatly depending on the institution's reputation, facilities, and the specific programs they offer.