Cost of Living in Rowayton
Summary: If you are thinking about moving to Rowayton, here is an overview of the cost of living there.
Rowayton, is a coastal village within the city of Norwalk, known for its affluent community and high cost of living compared to the national average. Housing prices in Rowayton are significantly higher than many other parts of the United States. For 3-bedroom homes, prices can range from $700,000 to well over $1.5 million depending on the location, size, and amenities of the property. 4-bedroom homes are even pricier, with costs typically starting around $1 million and can go up to several million dollars for waterfront properties or those with substantial land and luxury features.
Apartment rentals in Rowayton also reflect the upscale nature of the community. A 1-bedroom apartment can start at around $2,000 per month, with larger 2 or 3-bedroom apartments and condos commanding monthly rents of $3,000 to $5,000 or more. For those looking to purchase an apartment or a condo, prices vary widely based on location, size, and amenities, but it's not uncommon to see prices starting at $500,000 and going up to several million dollars for luxury units with prime locations and views.
Dining out in Rowayton can be a costly affair as well, with many restaurants catering to an upscale clientele. A meal at a mid-range restaurant can cost between $50 and $100 per person, and at high-end establishments, the prices can be significantly higher, especially if you're including wine or cocktails. Utilities in Rowayton, including electricity, heating, cooling, water, and garbage services, can cost a household anywhere from $200 to $400 per month, depending on usage and the size of the home.
Private school tuition in Rowayton varies by the level of education. Preschools can cost anywhere from $10,000 to $20,000 per year. Elementary and middle schools can range from $20,000 to $35,000 per year, while private high schools can be even more expensive, with some tuitions reaching $40,000 or more annually. These costs reflect the high-quality education and facilities that these private institutions often provide.
| Item | Cost |
|---|---|
| 3-Bedroom Home Purchase | $700,000 - $1.5+ million |
| 4-Bedroom Home Purchase | $1 million - Several million |
| 1-Bedroom Apartment Rental | From $2,000/month |
| 2-3 Bedroom Apartment Rental | $3,000 - $5,000+/month |
| Apartment Purchase | $500,000 - Several million |
| Mid-Range Restaurant Meal (per person) | $50 - $100 |
| High-End Restaurant Meal (per person) | $100+ |
| Monthly Utilities | $200 - $400 |
| Private Preschool Tuition (annual) | $10,000 - $20,000 |
| Private Elementary/Middle School Tuition (annual) | $20,000 - $35,000 |
| Private High School Tuition (annual) | $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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