Cost of Living in Simsbury
Summary: If you are thinking about moving to Simsbury, here is an overview of the cost of living there.
Simsbury, is a picturesque town located in Hartford County, known for its excellent schools, beautiful parks, and a high quality of life. The cost of living in Simsbury is generally higher than the national average, reflecting the desirability of the area and its proximity to major employment centers like Hartford. Housing costs in Simsbury are a significant component of the overall cost of living, with prices varying based on the size, location, and condition of the property.
For those looking to purchase a home, the median price for a 3-bedroom home in Simsbury can range from $300,000 to $450,000, while a larger 4-bedroom home may cost between $400,000 and $600,000 or more, depending on the neighborhood and amenities. Apartment rentals are also available, with a 1-bedroom apartment typically ranging from $1,200 to $1,600 per month, and a 2-bedroom apartment ranging from $1,500 to $2,200 per month. Those interested in purchasing an apartment or a condominium can expect prices to start around $150,000 and go up to $300,000 or more for units with more space and luxury features.
Dining out in Simsbury can cater to a variety of tastes and budgets. 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. For utilities, including electricity, heating, cooling, water, and garbage, residents can expect to pay around $200 to $300 per month, depending on the size of the home and usage.
Private school tuition in Simsbury varies widely based on the institution and the level of education. Preschool tuition can range from $10,000 to $20,000 per year. Elementary schools may charge between $15,000 and $25,000 per year, while middle and high schools can cost anywhere from $20,000 to $40,000 annually. These costs reflect the high standard of education and facilities that private schools in the area typically offer.
Item | Cost |
---|---|
3-Bedroom Home Purchase | $300,000 - $450,000 |
4-Bedroom Home Purchase | $400,000 - $600,000+ |
1-Bedroom Apartment Rental | $1,200 - $1,600/month |
2-Bedroom Apartment Rental | $1,500 - $2,200/month |
Apartment Purchase | $150,000 - $300,000+ |
Inexpensive Restaurant Meal | $15 - $20/person |
Mid-Range Restaurant 3-Course Meal | $50 - $70/person |
Monthly Utilities | $200 - $300/month |
Private Preschool Tuition | $10,000 - $20,000/year |
Private Elementary School Tuition | $15,000 - $25,000/year |
Private Middle School Tuition | $20,000 - $40,000/year |
Private High School Tuition | $20,000 - $40,000/year |
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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