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BlueBurbia - Cost of Living in Smithtown 2024
BlueBurbia


Cost of Living in Smithtown

By Joshua Wood, LPC

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

Smithtown, located in Suffolk County on Long Island, is known for its suburban charm and proximity to both the beaches and New York City. The cost of living in Smithtown is higher than the national average, reflecting the overall trend in Long Island and the greater New York metropolitan area. Housing costs are a significant factor in the overall cost of living in this area. For those looking to purchase a home, the median home value in Smithtown is quite high. As of my knowledge cutoff in early 2023, the average price for a 3-bedroom home in Smithtown could range from $450,000 to $600,000, while a 4-bedroom home could range from $500,000 to over $700,000, depending on the location, size, and condition of the property.

Rental prices in Smithtown also reflect the high cost of living. A 1-bedroom apartment can cost anywhere from $1,800 to $2,500 per month, while a 2-bedroom apartment can range from $2,300 to $3,000 or more per month. For those interested in purchasing an apartment or a condo, prices can vary widely based on size, location, and amenities, but you can expect to pay anywhere from $300,000 to $500,000 or more for a 2-bedroom unit.

When it comes to dining out, Smithtown offers a variety of restaurants ranging from casual eateries to upscale dining experiences. A meal at an inexpensive restaurant might cost around $15 to $25 per person, while a three-course meal at a mid-range restaurant could be between $50 and $75 per person, not including drinks, tax, or tip.

Utilities, including electricity, heating, cooling, water, and garbage, can cost around $200 to $300 per month for a standard-sized home, but this can fluctuate based on usage and the time of year. Internet services typically add another $60 to $100 to monthly expenses.

Private school tuition in Smithtown varies widely depending on the institution and the level of education. Preschool costs can range from $10,000 to $20,000 per year. Elementary and middle schools can cost between $5,000 and $25,000 per year, while private high schools can range from $10,000 to over $30,000 annually. These costs are influenced by the school's reputation, facilities, and the educational programs offered.

Here is the same information presented in an HTML table:
Item Cost
3-Bedroom Home Purchase $450,000 - $600,000
4-Bedroom Home Purchase $500,000 - $700,000+
1-Bedroom Apartment Rental $1,800 - $2,500/month
2-Bedroom Apartment Rental $2,300 - $3,000+/month
2-Bedroom Apartment Purchase $300,000 - $500,000+
Inexpensive Restaurant Meal $15 - $25/person
Mid-Range Restaurant 3-Course Meal $50 - $75/person
Monthly Utilities $200 - $300
Internet $60 - $100/month
Private Preschool Tuition $10,000 - $20,000/year
Private Elementary/Middle School Tuition $5,000 - $25,000/year
Private High School Tuition $10,000 - $30,000+/year

About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of BlueBurbia and serves as Co-President of Expat Exchange. Prior to Expat Exchange and BlueBurbia, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.


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