Cost of Living in Plandome
Summary: If you are thinking about moving to Plandome, here is an overview of the cost of living there.
Plandome, is a small, affluent village located on the North Shore of Long Island within the Town of North Hempstead. As a part of Nassau County, Plandome is known for its high cost of living, particularly in the housing market. Housing prices in Plandome are significantly higher than the national average, reflecting the desirability of the area and its proximity to New York City. For 3-bedroom homes, prices can range from $1 million to over $2 million, depending on the location, size, and condition of the property. 4-bedroom homes are even more costly, with prices often starting at around $1.5 million and can go up to $3 million or more for larger, more luxurious properties or those with prime locations.
Apartment rentals in Plandome are not as common as home ownership due to the residential nature of the village. However, for those available, a 1 or 2-bedroom apartment can cost anywhere from $2,500 to $5,000 per month, depending on the amenities and exact location. Apartment purchases are also on the higher end, with condos and co-ops potentially costing between $500,000 to over $1 million. Dining out in Plandome and the surrounding areas can be quite expensive as well, with upscale restaurants and eateries charging premium prices for their offerings. A meal at a mid-range restaurant can cost between $50 to $100 per person, while a dinner at a high-end restaurant can easily exceed $100 per person, not including drinks and gratuities.
Utilities in Plandome, such as electricity, heating, cooling, water, and garbage services, can average around $400 to $600 per month for a standard family home, though this can vary widely with the size of the home and usage patterns. Private school tuition is another significant expense for families living in Plandome. Preschool programs can range from $10,000 to $20,000 per year. Elementary and middle schools can cost between $20,000 to $35,000 annually, while private high schools can be even more expensive, with tuition fees ranging from $25,000 to over $40,000 per year. These costs reflect the prestigious nature of the private institutions in and around the Plandome area.
Item | Cost |
---|---|
3-Bedroom Home Purchase | $1,000,000 - $2,000,000+ |
4-Bedroom Home Purchase | $1,500,000 - $3,000,000+ |
Apartment Rental (1-2 Bedroom) | $2,500 - $5,000 per month |
Apartment Purchase | $500,000 - $1,000,000+ |
Restaurant Meal (Mid-Range) | $50 - $100 per person |
Restaurant Meal (High-End) | $100+ per person |
Utilities (Monthly Average) | $400 - $600 |
Private Preschool Tuition (Annual) | $10,000 - $20,000 |
Private Elementary/Middle School Tuition (Annual) | $20,000 - $35,000 |
Private High School Tuition (Annual) | $25,000 - $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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