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BlueBurbia - Cost of Living in New Britain 2024
BlueBurbia


Cost of Living in New Britain

By Betsy Burlingame

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

Cost of living in New Britain, varies depending on the type of housing and services one is looking for. Housing prices in New Britain are relatively affordable compared to other parts of Connecticut. As of my knowledge cutoff in early 2023, the median home value in New Britain is around $200,000 to $250,000. For a 3-bedroom home, prices can range from $150,000 to $250,000, while a 4-bedroom home may cost between $200,000 and $300,000, depending on the location, size, and condition of the property.

Apartment rentals in New Britain are also reasonably priced. A 1-bedroom apartment typically rents for between $800 and $1,200 per month, while a 2-bedroom apartment can range from $1,000 to $1,500 per month. For those interested in purchasing an apartment, prices can vary widely based on location and amenities, but generally, a condo or apartment might cost anywhere from $100,000 to $200,000.

When it comes to dining out, New Britain offers a variety of restaurants that cater to different budgets. A meal at an inexpensive restaurant might cost around $12 to $20 per person, while a three-course meal for two at a mid-range restaurant can range from $50 to $80. Fast food chains and takeout options provide cheaper alternatives for those looking to spend less.

Utilities, including electricity, heating, cooling, water, and garbage, for a standard 85m2 apartment in New Britain, 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 varies significantly based on the institution and level of education. For preschools, annual tuition can range from $5,000 to $10,000. Elementary schools might charge between $8,000 and $15,000 per year, while middle and high schools can cost anywhere from $10,000 to $25,000 annually. These prices are highly dependent on the school's reputation, facilities, and the educational programs offered.

Item Cost
3-Bedroom Home Purchase $150,000 - $250,000
4-Bedroom Home Purchase $200,000 - $300,000
1-Bedroom Apartment Rental $800 - $1,200/month
2-Bedroom Apartment Rental $1,000 - $1,500/month
Apartment Purchase $100,000 - $200,000
Inexpensive Restaurant Meal $12 - $20
Mid-Range Restaurant (3-course for 2) $50 - $80
Monthly Utilities $150 - $250
Internet (monthly) $60 - $100
Private Preschool Tuition (annual) $5,000 - $10,000
Private Elementary School Tuition (annual) $8,000 - $15,000
Private Middle School Tuition (annual) $10,000 - $25,000
Private High School Tuition (annual) $10,000 - $25,000

About the Author

Betsy Burlingame 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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