Cost of Living in Glen Rock
Summary: If you are thinking about moving to Glen Rock, here is an overview of the cost of living there.
Glen Rock, is a borough in Bergen County known for its high quality of life, excellent schools, and a strong sense of community. However, this comes with a relatively high cost of living, especially when it comes to housing. The housing market in Glen Rock is quite competitive, with prices for 3 and 4 bedroom homes typically ranging from $600,000 to over $1 million, depending on the size, condition, and location of the property. The median home value in Glen Rock is significantly higher than the national average, reflecting the desirability of the area and the affluence of many of its residents.
Apartment rentals in Glen Rock can also be pricey, with monthly rents for a 1-bedroom apartment starting around $1,500 to $2,000, while larger 2-bedroom apartments can go for $2,500 or more per month. Purchasing an apartment or a condo in Glen Rock can also be a substantial investment, with prices varying widely based on the size and amenities offered, but typically starting in the $300,000 range and going up from there.
When it comes to dining out, Glen Rock offers a variety of restaurants ranging from casual eateries to more upscale dining options. 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 $75 per person, not including drinks, tax, or tip. Of course, prices can be higher at more upscale establishments or for specialty cuisine.
Utilities in Glen Rock, including electricity, heating, cooling, water, and garbage services, can average around $150 to $250 per month for a standard household, though this can fluctuate based on usage and the size of the home. Internet services typically add an additional $60 to $100 per month.
Private school tuition in Glen Rock varies depending on the institution and the level of education. Preschools can range from $10,000 to $20,000 per year, while elementary and middle schools can cost between $20,000 and $30,000 annually. Private high schools can be even more expensive, with some tuitions exceeding $40,000 per year. These costs reflect the high standard of education and facilities that these private institutions often provide.
Item | Cost |
---|---|
3 Bedroom Home Purchase | $600,000 - $1,000,000+ |
4 Bedroom Home Purchase | $700,000 - $1,000,000+ |
1 Bedroom Apartment Rent | $1,500 - $2,000/month |
2 Bedroom Apartment Rent | $2,500+/month |
Apartment Purchase | $300,000+ |
Inexpensive Restaurant Meal | $15 - $25/person |
Mid-range Restaurant 3-course Meal | $50 - $75/person |
Utilities (Monthly Average) | $150 - $250 |
Internet (Monthly) | $60 - $100 |
Private Preschool Tuition (Annual) | $10,000 - $20,000 |
Private Elementary School Tuition (Annual) | $20,000 - $30,000 |
Private Middle School Tuition (Annual) | $20,000 - $30,000 |
Private High School Tuition (Annual) | $30,000 - $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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