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BlueBurbia - Cost of Living in Montville 2024
BlueBurbia


Cost of Living in Montville

By Joshua Wood, LPC

Summary: If you are thinking about moving to Montville, here is an overview of the cost of living there.

Montville, is a town located in New London County, known for its quiet neighborhoods and proximity to natural attractions. The cost of living in Montville can vary depending on the specific area within the town and the type of housing or services you are looking for. As of my knowledge cutoff in early 2023, here's a general overview of the cost of living in Montville, including housing, rentals, utilities, and education expenses.

Housing prices in Montville for 3 and 4 bedroom homes can vary widely based on location, size, and condition of the property. On average, a 3-bedroom home might range from $200,000 to $300,000, while a 4-bedroom home could be priced between $250,000 and $400,000 or more. These prices are subject to change based on the real estate market conditions and specific neighborhood trends.

When it comes to apartment rentals, a 1-bedroom apartment in Montville might cost between $1,000 and $1,200 per month, while a 2-bedroom apartment could range from $1,200 to $1,500 per month. These rental prices can fluctuate based on the amenities offered, the age of the building, and the exact location within the town.

For those interested in purchasing an apartment or a condominium, prices can vary significantly. A modest condo might start at around $100,000, while more luxurious units or those in high-demand areas could cost several hundred thousand dollars.

Dining out in Montville can cater to a variety of budgets. A meal at an inexpensive restaurant might cost around $15 per person, while a three-course meal at a mid-range restaurant could be around $50 per person. Of course, prices can be higher at upscale dining establishments.

Utilities, including electricity, heating, cooling, water, and garbage, for a standard 85m² apartment in Montville, might average around $150 to $250 per month, depending on usage and the time of year. Internet services can add an additional $60 to $100 per month, depending on the provider and plan chosen.

Private school tuition in Montville can be a significant expense for families. Preschool (or kindergarten) might cost anywhere from $500 to $1,000 per month. Elementary schools can range from $5,000 to $10,000 per year, while middle and high schools might charge between $10,000 and $30,000 per year, depending on the institution's reputation and the programs offered.

It's important to note that these figures are estimates and can vary. Prospective residents should conduct thorough research or consult with local real estate agents and other professionals for the most current and precise information.

Item Cost
3-bedroom home purchase $200,000 - $300,000
4-bedroom home purchase $250,000 - $400,000+
1-bedroom apartment rental $1,000 - $1,200/month
2-bedroom apartment rental $1,200 - $1,500/month
Apartment purchase $100,000 - varies
Inexpensive restaurant meal $15/person
Mid-range restaurant 3-course meal $50/person
Monthly utilities (85m² apartment) $150 - $250
Internet (monthly) $60 - $100
Private preschool tuition $500 - $1,000/month
Private elementary school tuition $5,000 - $10,000/year
Private middle school tuition $10,000 - $30,000/year
Private high school tuition $10,000 - $30,000/year

About the Author

Joshua Wood 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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