Cost of Living in Bolton
Summary: If you are thinking about moving to Bolton, here is an overview of the cost of living there.
Bolton, is a small town in Tolland County with a population of just over 5,000 residents. The cost of living in Bolton is generally higher than the national average, primarily due to housing costs. For those looking to purchase a home, the housing market can vary widely, but as of my knowledge cutoff in early 2023, the median home value in Bolton is around $300,000. Prices for a 3-bedroom home can range from $250,000 to $350,000, while 4-bedroom homes may cost anywhere from $300,000 to $450,000 or more, depending on the size, condition, and location within the town.
Apartment rentals in Bolton are less common than home purchases, but for those available, a 1-bedroom apartment might rent for between $1,000 to $1,200 per month, while a 2-bedroom apartment could cost between $1,200 to $1,500 per month. Apartment purchases are not as common in Bolton, as it is a town with a more suburban and rural character, and thus, the market for condos or apartments to buy is limited. However, in nearby areas, prices for condos can range significantly based on amenities and exact location.
When it comes to dining out, a meal at an inexpensive restaurant might cost around $15 to $20 per person, while a three-course meal at a mid-range restaurant could be around $50 to $70 for two people. Utilities, including electricity, heating, cooling, water, and garbage, for a standard 85m² apartment, can range from $150 to $250 per month, depending on usage and the time of year.
Private school tuition varies widely depending on the institution and the level of education. For preschools, annual tuition can range from $5,000 to $10,000. Elementary schools might charge between $10,000 to $20,000 per year, while middle and high schools can cost upwards of $20,000 to $30,000 or more annually. These costs can be influenced by the school's reputation, facilities, and the breadth of extracurricular activities offered.
Item | Cost |
---|---|
3-Bedroom Home Purchase | $250,000 - $350,000 |
4-Bedroom Home Purchase | $300,000 - $450,000+ |
1-Bedroom Apartment Rental | $1,000 - $1,200/month |
2-Bedroom Apartment Rental | $1,200 - $1,500/month |
Meal, Inexpensive Restaurant | $15 - $20 |
Meal for 2, Mid-Range Restaurant, Three-course | $50 - $70 |
Utilities (Monthly for 85m² Apartment) | $150 - $250 |
Private Preschool Tuition (Annual) | $5,000 - $10,000 |
Private Elementary School Tuition (Annual) | $10,000 - $20,000 |
Private Middle School Tuition (Annual) | $20,000 - $30,000+ |
Private High School Tuition (Annual) | $20,000 - $30,000+ |
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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