Cost of Living in Greenvale
Summary: If you are thinking about moving to Greenvale, here is an overview of the cost of living there.
Greenvale, is a hamlet located within the Town of North Hempstead in Nassau County, known for its suburban feel and proximity to New York City. The cost of living in Greenvale is generally higher than the national average, reflecting the overall cost of living in Nassau County and the greater New York metropolitan area.
Housing prices in Greenvale vary depending on the size, location, and condition of the property. As of my knowledge cutoff in early 2023, the median home value in Greenvale for a 3-bedroom home can range from $700,000 to over $1 million, while 4-bedroom homes can range from $800,000 to well over $1.2 million. These prices can fluctuate based on market conditions and specific neighborhood characteristics.
Apartment rentals in Greenvale are also on the higher end. For a 1-bedroom apartment, monthly rent can range from $2,000 to $3,000, while larger 2-bedroom apartments can cost between $2,500 and $4,000 per month. Apartment purchases are less common in Greenvale, but condos and co-ops in nearby areas can range from $300,000 to $600,000 for 1 to 2-bedroom units.
Dining out in Greenvale reflects the area's affluence, with a range of restaurants offering various cuisines. A meal at an inexpensive restaurant might cost around $15 to $25 per person, while a three-course meal at a mid-range restaurant can range from $50 to $100 per person, excluding drinks and gratuity.
Utilities, including electricity, heating, cooling, water, and garbage services for a standard apartment, can cost between $200 and $400 per month, depending on usage and the time of year. Internet services typically add another $60 to $100 to monthly expenses.
Private school tuition in Greenvale is quite high, reflecting the quality of education and facilities provided. Preschool tuition can range from $10,000 to $20,000 per year. Elementary and middle schools can cost between $20,000 and $35,000 per year, while private high schools can range from $25,000 to over $40,000 annually. These costs can vary significantly based on the institution's reputation, facilities, and the specific programs offered.
| Item | Cost |
|---|---|
| 3-Bedroom Home Purchase | $700,000 - $1,000,000+ |
| 4-Bedroom Home Purchase | $800,000 - $1,200,000+ |
| 1-Bedroom Apartment Rental | $2,000 - $3,000/month |
| 2-Bedroom Apartment Rental | $2,500 - $4,000/month |
| Apartment Purchase | $300,000 - $600,000 |
| Inexpensive Restaurant Meal | $15 - $25/person |
| Mid-Range Restaurant 3-Course Meal | $50 - $100/person |
| Monthly Utilities | $200 - $400 |
| Internet | $60 - $100/month |
| Private Preschool Tuition | $10,000 - $20,000/year |
| Private Elementary/Middle School Tuition | $20,000 - $35,000/year |
| Private High School Tuition | $25,000 - $40,000+/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.
New York Forum
Talk with other digital nomads and expats in New York on our New York forum - meet people, get advice and help others.
Contribute
Help others in New York by answering questions about the challenges and adventures of living in New York.
