Cost of Living in Stonybrook
Summary: If you are thinking about moving to Stonybrook, here is an overview of the cost of living there.
Stony Brook, New York, located on the North Shore of Long Island, is a hamlet within the Town of Brookhaven. It is known for its high quality of life, excellent schools, and proximity to Stony Brook University. The cost of living in Stony Brook is higher than the national average, reflecting the overall trend in Long Island and the greater New York City metropolitan area.
Housing prices in Stony Brook can vary widely depending on the location, size, and condition of the property. As of my knowledge cutoff in 2023, the median home value in Stony Brook is around $500,000 to $600,000. For a 3-bedroom home, prices typically range from $450,000 to $550,000, while 4-bedroom homes can range from $550,000 to $700,000 or more, depending on the specific features and location within Stony Brook.
Apartment rentals in Stony Brook also reflect the higher cost of living. A 1-bedroom apartment might rent for between $1,800 and $2,200 per month, while a 2-bedroom apartment can cost between $2,300 and $2,800 per month. Apartment purchases, on the other hand, can vary greatly, but a 2-bedroom condo or co-op might be priced between $300,000 and $400,000.
When it comes to dining out, Stony Brook offers a variety of restaurants ranging from casual eateries to fine dining. 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 $70 per person, excluding drinks and gratuity.
Utilities, including electricity, heating, cooling, water, and garbage, for a standard 85m² apartment in Stony Brook, can range from $150 to $250 per month, depending on usage and the time of year. Internet services typically add another $60 to $100 to monthly expenses.
Private school tuition 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 might charge between $15,000 and $30,000 annually, while private high schools can cost upwards of $20,000 to $40,000 per year or more for prestigious institutions.
| Item | Cost |
|---|---|
| 3-Bedroom Home Purchase | $450,000 - $550,000 |
| 4-Bedroom Home Purchase | $550,000 - $700,000+ |
| 1-Bedroom Apartment Rental | $1,800 - $2,200 / month |
| 2-Bedroom Apartment Rental | $2,300 - $2,800 / month |
| 2-Bedroom Apartment Purchase | $300,000 - $400,000 |
| Inexpensive Restaurant Meal | $15 - $25 |
| Mid-Range Restaurant 3-Course Meal | $50 - $70 per person |
| Monthly Utilities | $150 - $250 |
| Internet | $60 - $100 / month |
| Private Preschool Tuition | $10,000 - $20,000 / year |
| Private Elementary/Middle School Tuition | $15,000 - $30,000 / 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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