Cost of Living in Dobbs Ferry
Summary: If you are thinking about moving to Dobbs Ferry, here is an overview of the cost of living there.
Dobbs Ferry, is a village in Westchester County, known for its picturesque views of the Hudson River and a small-town feel within the New York metropolitan area. The cost of living in Dobbs Ferry is relatively high, reflecting the overall cost of living in Westchester County and the greater New York City region. Housing prices in Dobbs Ferry vary depending on the location, size, and condition of the property. As of my knowledge cutoff in early 2023, the median home value in Dobbs Ferry is significantly higher than the national average. For a 3-bedroom home, prices can range from $600,000 to over $1 million, while 4-bedroom homes may cost anywhere from $700,000 to well over $1.2 million, depending on the specific features and location of the property.
Apartment rentals in Dobbs Ferry also reflect the high cost of living. A 1-bedroom apartment might rent for between $2,000 and $3,000 per month, while larger 2-bedroom apartments can command monthly rents of $2,500 to $4,000 or more. Purchasing an apartment or a condo in the area can be quite costly as well, with prices often starting at around $300,000 for a 1-bedroom unit and going up significantly for larger units with more amenities.
When it comes to dining out, restaurant prices in Dobbs Ferry are varied. Casual dining and takeout spots may offer meals in the $10 to $20 range per person, while more upscale dining experiences can easily cost $50 to $100 per person, especially if you include drinks, appetizers, and desserts. Utilities, including electricity, heating, cooling, water, and garbage services, can cost a household anywhere from $200 to $400 per month, depending on usage and the size of the home.
Private school tuition in Dobbs Ferry can be a significant expense for families. Preschool costs can range from $10,000 to $20,000 per year, depending on the program's length and reputation. Tuition for private elementary schools can vary widely, but families can expect to pay anywhere from $15,000 to $30,000 per year. Middle school and high school tuitions are typically higher, often ranging from $20,000 to over $40,000 per year, with some of the more prestigious institutions charging even more.
| Item | Cost |
|---|---|
| 3-bedroom Home Purchase | $600,000 - $1,000,000+ |
| 4-bedroom Home Purchase | $700,000 - $1,200,000+ |
| 1-bedroom Apartment Rental | $2,000 - $3,000/month |
| 2-bedroom Apartment Rental | $2,500 - $4,000/month |
| Apartment Purchase | Starts at $300,000+ |
| Casual Dining | $10 - $20/person |
| Upscale Dining | $50 - $100/person |
| Utilities (Monthly) | $200 - $400 |
| Private Preschool Tuition (Yearly) | $10,000 - $20,000 |
| Private Elementary School Tuition (Yearly) | $15,000 - $30,000 |
| Private Middle School Tuition (Yearly) | $20,000 - $40,000+ |
| Private High School Tuition (Yearly) | $20,000 - $40,000+ |
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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