Cost of Living in Long Branch

Long Branch, is a coastal city in Monmouth County, known for its beaches and proximity to New York City. The cost of living in Long Branch can be quite variable, depending on the specific area and proximity to the waterfront. Housing prices in Long Branch have been on the rise, reflecting the general trend in real estate across much of the United States. As of my knowledge cutoff in early 2023, the median home price in Long Branch for a 3-bedroom home can range from $400,000 to $600,000, while a 4-bedroom home can cost anywhere from $500,000 to over $1 million, with prices increasing for homes closer to the beach or with ocean views.

Apartment rentals in Long Branch also vary widely, with a 1-bedroom apartment typically ranging from $1,500 to $2,500 per month, and a 2-bedroom apartment ranging from $2,000 to $3,500 per month. For those looking to purchase an apartment or a condo, prices can range from $300,000 to $800,000 or more, depending on the location, size, and amenities offered.

When it comes to dining out, Long Branch 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 $100 per person, excluding drinks and gratuity.

Utilities, including electricity, heating, cooling, water, and garbage, for a standard 85m² apartment in Long Branch, can cost around $150 to $250 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 Long Branch can be a significant expense for families. Preschool (or kindergarten) can range from $10,000 to $20,000 per year. Elementary schools can cost between $10,000 and $25,000 per year, while middle and high schools can range from $15,000 to $30,000 per year, with some of the more prestigious institutions possibly charging even more.