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BlueBurbia - Cost of Living in Carle Place 2024
BlueBurbia


Cost of Living in Carle Place

By Betsy Burlingame

Summary: If you are thinking about moving to Carle Place, here is an overview of the cost of living there.

Carle Place, is a hamlet in Nassau County on Long Island, known for its suburban feel and proximity to New York City. The cost of living in Carle Place is generally higher than the national average, reflecting the overall high cost of living in the Long Island and New York City metropolitan area. Housing prices in Carle Place 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 in Carle Place for a 3-bedroom home is roughly between $500,000 and $700,000, while a 4-bedroom home can range from $600,000 to over $800,000. These prices can fluctuate based on market conditions and specific neighborhood characteristics.

Apartment rentals in Carle Place also reflect the high cost of living in the area. A 1-bedroom apartment can cost anywhere from $2,000 to $2,500 per month, while a 2-bedroom apartment can range from $2,500 to $3,500 per month. Apartment purchases are similarly high, with prices depending on the size, location, and amenities of the unit. For example, a 2-bedroom condo or co-op might be priced between $400,000 and $600,000.

When it comes to dining out, Carle Place offers a variety of restaurants ranging from casual eateries to upscale dining experiences. A meal at an inexpensive restaurant can cost around $15 to $25 per person, while a three-course meal at a mid-range restaurant might be priced between $50 and $100 per person, excluding drinks and gratuity.

Utilities, including electricity, heating, cooling, water, and garbage services for a standard apartment, can cost around $200 to $300 per month, depending on usage and the time of year. Internet services typically add another $60 to $100 to monthly expenses.

Private school tuition varies widely depending on the institution and the level of education. For preschool, annual tuition can range from $10,000 to $20,000. Elementary school tuition can be between $15,000 and $30,000 per year, while middle school and high school tuitions can be even higher, often exceeding $30,000 annually. These costs can be significantly higher for prestigious institutions or those offering specialized programs.

Item Cost
3-bedroom home (purchase) $500,000 - $700,000
4-bedroom home (purchase) $600,000 - $800,000+
1-bedroom apartment (rent) $2,000 - $2,500/month
2-bedroom apartment (rent) $2,500 - $3,500/month
2-bedroom apartment (purchase) $400,000 - $600,000
Inexpensive restaurant meal $15 - $25/person
Mid-range restaurant (3-course) $50 - $100/person
Utilities (monthly for standard apartment) $200 - $300
Internet (monthly) $60 - $100
Private preschool (annual tuition) $10,000 - $20,000
Private elementary school (annual tuition) $15,000 - $30,000
Private middle school (annual tuition) $30,000+
Private high school (annual tuition) $30,000+

About the Author

Betsy Burlingame 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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