Cost of Living in Eastchester
Summary: If you are thinking about moving to Eastchester, here is an overview of the cost of living there.
Eastchester, is a town located in Westchester County with a relatively high cost of living compared to the national average. Housing prices in Eastchester can vary widely depending on the neighborhood, the size of the home, and its condition. As of my knowledge cutoff in early 2023, the median home value in Eastchester is quite high, reflecting the desirability of the area and its proximity to New York City. For a 3-bedroom home, prices typically start around $600,000 and can go up to over $1 million, depending on the specific area and the home's features. A 4-bedroom home in Eastchester can cost anywhere from $700,000 to well over $1.2 million. These prices are subject to change and can be influenced by market conditions, interest rates, and local demand.
Apartment rentals in Eastchester also reflect the high cost of living. A 1-bedroom apartment can rent for between $1,800 and $2,500 per month, while a 2-bedroom apartment can range from $2,300 to $3,500 or more per month. Apartment purchases vary greatly, with condos and co-ops starting at around $300,000 for a 1-bedroom and going up to $500,000 or more for a 2-bedroom unit. Luxury apartments and larger units can command even higher prices.
When it comes to dining out, Eastchester offers a variety of restaurants ranging from casual eateries to upscale dining experiences. A meal at an inexpensive restaurant might cost around $15 to $25 per person, while a three-course meal at a mid-range restaurant could be between $50 and $80 per person, excluding drinks and gratuity. 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 in Eastchester varies by the level of education and the institution. For preschool, tuition can range from $10,000 to $20,000 per year. Elementary schools can cost between $15,000 and $30,000 annually, while middle schools and high schools can be even more expensive, with some tuitions reaching upwards of $35,000 to $40,000 per year. These costs can be influenced by the school's reputation, facilities, and the breadth of programs offered.
Item | Cost |
---|---|
3-bedroom home purchase | $600,000 - $1,000,000+ |
4-bedroom home purchase | $700,000 - $1,200,000+ |
1-bedroom apartment rental | $1,800 - $2,500/month |
2-bedroom apartment rental | $2,300 - $3,500/month |
1-bedroom apartment purchase | $300,000+ |
2-bedroom apartment purchase | $500,000+ |
Inexpensive restaurant meal | $15 - $25/person |
Mid-range restaurant 3-course meal | $50 - $80/person |
Utilities (monthly for 85m² apartment) | $150 - $250 |
Private preschool tuition (annual) | $10,000 - $20,000 |
Private elementary school tuition (annual) | $15,000 - $30,000 |
Private middle school tuition (annual) | $20,000 - $35,000 |
Private high school tuition (annual) | $25,000 - $40,000 |
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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