Cost of Living in Middlebury
Summary: If you are thinking about moving to Middlebury, here is an overview of the cost of living there.
Middlebury, is a small and picturesque town in New Haven County, known for its high quality of life and relatively affluent population. The cost of living in Middlebury is generally higher than the national average, primarily due to the housing market and the cost associated with private education in the area.
Housing prices in Middlebury can vary significantly based on the location, size, and condition of the property. As of my knowledge cutoff in early 2023, the median home value in Middlebury is around $350,000 to $450,000. For a 3-bedroom home, prices typically range from $300,000 to $400,000, while 4-bedroom homes can range from $400,000 to $500,000 or more, depending on the amenities and location. Apartment rentals are also available, though they can be somewhat limited due to the town's smaller size. A 1-bedroom apartment might rent for between $1,200 and $1,500 per month, while a 2-bedroom apartment could cost between $1,500 and $2,000 per month. Apartment purchases are less common, but condos and townhomes may be available, with prices depending on the size and luxury of the unit.
When it comes to dining out, Middlebury offers a range of options from casual eateries to upscale restaurants. A meal at an inexpensive restaurant might cost around $15 to $20 per person, while a three-course meal at a mid-range restaurant could be priced between $50 and $70 per person. Utilities, including electricity, heating, cooling, water, and garbage, can cost around $200 to $300 per month for a standard household, though this can fluctuate based on usage and the time of year.
Private school tuition is a significant expense for families in Middlebury. Preschool costs can vary widely, but on average, you might expect to pay between $10,000 and $15,000 per year. Elementary schools, middle schools, and high schools can have tuition that ranges from $20,000 to $40,000 per year, depending on the institution's reputation and the level of education provided. Some of the most prestigious private schools in the area may charge even higher tuition fees.
Item | Cost |
---|---|
3-Bedroom Home Purchase | $300,000 - $400,000 |
4-Bedroom Home Purchase | $400,000 - $500,000+ |
1-Bedroom Apartment Rental | $1,200 - $1,500/month |
2-Bedroom Apartment Rental | $1,500 - $2,000/month |
Meal, Inexpensive Restaurant | $15 - $20 |
Meal for 2, Mid-Range Restaurant, Three-course | $50 - $70 |
Utilities (Monthly Average) | $200 - $300 |
Private Preschool Tuition (Annual) | $10,000 - $15,000 |
Private Elementary School Tuition (Annual) | $20,000 - $30,000 |
Private Middle School Tuition (Annual) | $25,000 - $35,000 |
Private High School Tuition (Annual) | $30,000 - $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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