Cost of Living in Bronxville
Summary: If you are thinking about moving to Bronxville, here is an overview of the cost of living there.
Bronxville, is a village within Westchester County and is known for its affluent community and high cost of living. Housing prices in Bronxville are significantly higher than the national average. As of my knowledge cutoff in early 2023, the median home value for a 3-bedroom home in Bronxville can range from $700,000 to over $1.5 million, depending on the location, size, and condition of the property. For a larger 4-bedroom home, prices can easily exceed $1.5 million and can go up to several million dollars for luxury properties with more amenities and space.
Apartment rentals in Bronxville also reflect the high cost of living. A 1-bedroom apartment can cost anywhere from $2,000 to $3,000 per month, while larger 2-bedroom apartments can range from $3,000 to $5,000 per month or more. Apartment purchases vary widely based on size, location, and building amenities. A 1-bedroom co-op or condo can start at around $300,000 and can go up to $700,000 or more. Larger 2-bedroom units can range from $500,000 to over $1 million.
When it comes to dining out, Bronxville offers a variety of restaurants ranging from casual eateries to upscale dining experiences. A meal at a mid-range restaurant can cost between $15 and $30 per person, while a three-course meal at an upscale restaurant can start at $50 per person and go up significantly from there, not including drinks, tax, and tip.
Utilities, including electricity, heating, cooling, water, and garbage, for a standard 85m² apartment in Bronxville, can range from $150 to $250 per month, depending on usage and the time of year. Internet services can add an additional $60 to $100 per month.
Private school tuition in Bronxville is among the highest in the country. Preschool (or kindergarten) can cost between $10,000 and $30,000 per year. Elementary schools can range from $25,000 to $40,000 per year, while middle and high schools can cost from $30,000 to over $45,000 annually. These costs can vary based on the institution's prestige, facilities, and the specific programs they offer.
| Item | Cost |
|---|---|
| 3-bedroom home purchase | $700,000 - $1.5 million+ |
| 4-bedroom home purchase | $1.5 million - several million |
| 1-bedroom apartment rental | $2,000 - $3,000 per month |
| 2-bedroom apartment rental | $3,000 - $5,000 per month |
| 1-bedroom apartment purchase | $300,000 - $700,000+ |
| 2-bedroom apartment purchase | $500,000 - $1 million+ |
| Mid-range restaurant meal per person | $15 - $30 |
| Upscale restaurant 3-course meal per person | $50+ |
| Monthly utilities for 85m² apartment | $150 - $250 |
| Internet per month | $60 - $100 |
| Private preschool tuition per year | $10,000 - $30,000 |
| Private elementary school tuition per year | $25,000 - $40,000 |
| Private middle school tuition per year | $30,000 - $45,000+ |
| Private high school tuition per year | $30,000 - $45,000+ |
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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