Cost of Living in Elmont
Summary: If you are thinking about moving to Elmont, here is an overview of the cost of living there.
Elmont, located in Nassau County, is a suburban community with a cost of living that reflects its proximity to New York City. Housing prices in Elmont can vary widely depending on the location, size, and condition of the property. As of my knowledge cutoff in early 2023, the median home value in Elmont for a 3-bedroom home is roughly between $500,000 and $600,000, while a 4-bedroom home may range from $600,000 to $700,000 or more. These prices can fluctuate based on market conditions and specific neighborhood characteristics.
When it comes to apartment rentals, a 1-bedroom apartment in Elmont might cost between $1,500 and $2,000 per month, while a 2-bedroom apartment could range from $2,000 to $2,500 per month. For those interested in purchasing an apartment or a condo, prices can vary significantly based on the size and amenities offered. A 1-bedroom might start around $200,000, with larger units exceeding $300,000 or more.
Dining out in Elmont offers a variety of options, from casual eateries to more upscale restaurants. A typical 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 priced between $50 and $75 per person. Fast food and takeout options are also readily available, with prices comparable to the national average.
Utilities, including electricity, heating, cooling, water, and garbage, for a standard 85m² apartment in Elmont, can range from $150 to $250 per month, depending on usage and the time of year. Internet services typically add an additional $60 to $100 per month to the utility bill.
Private school tuition in Elmont varies widely depending on the institution and the level of education. Preschool costs can range from $500 to $1,500 per month. Elementary schools might charge between $5,000 and $15,000 per year, while middle and high schools can cost anywhere from $10,000 to $30,000 or more annually. These figures are highly dependent on the school's reputation, facilities, and the educational programs offered.
| Item | Cost |
|---|---|
| 3-Bedroom Home Purchase | $500,000 - $600,000 |
| 4-Bedroom Home Purchase | $600,000 - $700,000+ |
| 1-Bedroom Apartment Rental | $1,500 - $2,000/month |
| 2-Bedroom Apartment Rental | $2,000 - $2,500/month |
| Apartment Purchase | $200,000+ (varies by size) |
| Inexpensive Restaurant Meal | $15 - $25 |
| Mid-Range Restaurant (3-course) | $50 - $75 |
| Monthly Utilities | $150 - $250 |
| Internet (monthly) | $60 - $100 |
| Private Preschool Tuition | $500 - $1,500/month |
| Private Elementary School Tuition | $5,000 - $15,000/year |
| Private Middle School Tuition | $10,000 - $30,000/year |
| Private High School Tuition | $10,000 - $30,000+/year |
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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