Cost of Living in Cromwell
Summary: If you are thinking about moving to Cromwell, here is an overview of the cost of living there.
Cromwell, is a small town located in the center of the state, offering a suburban feel with a variety of amenities. The cost of living in Cromwell is generally considered to be higher than the national average, primarily due to housing costs. As of my knowledge cutoff in early 2023, the housing market in Cromwell reflects the trends of the broader Connecticut area, with prices that can vary depending on the location, size, and condition of the property.
For those looking to purchase a home, a 3-bedroom house in Cromwell typically ranges from $250,000 to $400,000, while a 4-bedroom home can cost anywhere from $300,000 to $500,000 or more. These prices can fluctuate based on the real estate market conditions and specific neighborhood characteristics. Apartment rentals for a 1-bedroom can start around $1,200 per month, with 2-bedroom units averaging around $1,500 to $1,800 per month. Larger apartments or those with luxury amenities may command higher rents. Purchasing an apartment or a condo in Cromwell can vary widely in price, but buyers should expect to pay at least $150,000 to $250,000 for a 2-bedroom unit.
Dining out in Cromwell offers a range of options, from casual eateries to more upscale restaurants. A typical meal at an inexpensive restaurant might cost around $15 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 $15,000. Elementary and middle schools may charge between $10,000 and $25,000 per year, while private high schools can cost from $15,000 to $30,000 annually. These figures are approximate and can be higher for schools with specialized programs or prestigious reputations.
Item | Cost |
---|---|
3-Bedroom Home Purchase | $250,000 - $400,000 |
4-Bedroom Home Purchase | $300,000 - $500,000+ |
1-Bedroom Apartment Rental | $1,200/month |
2-Bedroom Apartment Rental | $1,500 - $1,800/month |
2-Bedroom Apartment Purchase | $150,000 - $250,000 |
Inexpensive Restaurant Meal | $15/person |
Mid-Range Restaurant (3-course) | $50 - $70 for two |
Monthly Utilities (85m² Apartment) | $150 - $250 |
Private Preschool Tuition (Annual) | $5,000 - $15,000 |
Private Elementary/Middle School Tuition (Annual) | $10,000 - $25,000 |
Private High School Tuition (Annual) | $15,000 - $30,000 |
About the Author
Joshua Wood, LPC is one of the Founders of BlueBurbia and serves as Co-President of Expat Exchange. Prior to Expat Exchange and BlueBurbia, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
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