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BlueBurbia - Cost of Living in Old Bridge 2024
BlueBurbia


Cost of Living in Old Bridge

By Betsy Burlingame

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

Old Bridge, is a suburban township located in Middlesex County, with a cost of living that is reflective of the broader trends in the Northeastern United States. Housing prices in Old Bridge can vary widely depending on the neighborhood, the size of the home, and its condition. As of my knowledge cutoff in early 2023, the average price for a 3-bedroom home in Old Bridge might range from $350,000 to $450,000, while a 4-bedroom home could be priced between $400,000 and $550,000 or more, depending on the market conditions and specific features of the property.

When it comes to apartment rentals, a 1-bedroom apartment might cost between $1,500 and $2,000 per month, while a 2-bedroom apartment could range from $1,800 to $2,500 per month. For those interested in purchasing an apartment or a condo, prices can vary significantly based on location, amenities, and size. A 2-bedroom unit might be listed anywhere from $200,000 to $300,000 or more.

Dining out in Old Bridge reflects the diverse culinary scene of New Jersey, with options ranging from casual diners 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 at $50 to $70 per person, excluding drinks and gratuity.

Utilities, including electricity, heating, cooling, water, and garbage, for a standard 85m² apartment in Old Bridge, typically range from $150 to $250 per month, depending on usage and the time of year. Internet services can add an additional $60 to $100 per month to the utility bill.

Private school tuition varies widely depending on the institution and the level of education. For preschools, tuition can range from $800 to $1,500 per month. Elementary schools might charge between $5,000 and $10,000 per year, while middle schools and high schools can cost anywhere from $10,000 to $25,000 or more annually. These figures are highly dependent on the specific private school and its offerings.

Item Cost
3-Bedroom Home Purchase $350,000 - $450,000
4-Bedroom Home Purchase $400,000 - $550,000+
1-Bedroom Apartment Rental $1,500 - $2,000 / month
2-Bedroom Apartment Rental $1,800 - $2,500 / month
2-Bedroom Apartment Purchase $200,000 - $300,000
Inexpensive Restaurant Meal $15 - $20 / person
Mid-Range Restaurant 3-Course Meal $50 - $70 / person
Monthly Utilities (85m² Apartment) $150 - $250
Internet (Monthly) $60 - $100
Private Preschool Tuition $800 - $1,500 / month
Private Elementary School Tuition $5,000 - $10,000 / year
Private Middle School Tuition $10,000 - $25,000 / year
Private High School Tuition $10,000 - $25,000+ / year

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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