Cost of Living in Stratford
Summary: If you are thinking about moving to Stratford, here is an overview of the cost of living there.
Stratford, is a town located in Fairfield County, known for its historical significance and proximity to the Long Island Sound. The cost of living in Stratford can be considered moderate to high, especially when compared to the national average, largely due to its location within the New York metropolitan area. Housing costs in Stratford can vary significantly based on the neighborhood, proximity to amenities, and the condition of the property.
As of my knowledge cutoff in early 2023, the median price for a 3-bedroom home in Stratford may range from $250,000 to $400,000, while a 4-bedroom home could be priced between $300,000 and $500,000 or more, depending on the location and features of the property. Apartment rentals for a 1-bedroom can start around $1,200 per month, with 2-bedroom units averaging between $1,500 and $2,000 per month. Purchasing an apartment or a condo in Stratford could cost anywhere from $150,000 to $300,000, depending on the size and location.
When it comes to dining out, Stratford offers a variety of restaurants ranging from casual eateries to more upscale dining experiences. A meal at an inexpensive restaurant might cost around $15 per person, while a three-course meal at a mid-range restaurant could be around $50 to $70 per person. Utilities, including electricity, heating, cooling, water, and garbage, for a standard 85m² apartment, typically range from $150 to $250 per month, depending on usage and the time of year.
Private school tuition in Stratford can be quite costly. For preschool, annual tuition can range from $5,000 to $15,000. Elementary schools may charge between $10,000 and $25,000 per year, while middle and high schools can cost from $15,000 to $30,000 annually, with some of the more prestigious institutions possibly charging even higher rates. These costs can vary widely based on the school's reputation, facilities, and the educational programs offered.
Item | Cost |
---|---|
3-bedroom home (purchase) | $250,000 - $400,000 |
4-bedroom home (purchase) | $300,000 - $500,000+ |
1-bedroom apartment (rent) | $1,200 per month |
2-bedroom apartment (rent) | $1,500 - $2,000 per month |
Apartment/Condo (purchase) | $150,000 - $300,000 |
Inexpensive restaurant meal | $15 per person |
Mid-range restaurant (3-course) | $50 - $70 per person |
Utilities (monthly for 85m² apartment) | $150 - $250 |
Private preschool (annual tuition) | $5,000 - $15,000 |
Private elementary school (annual tuition) | $10,000 - $25,000 |
Private middle school (annual tuition) | $15,000 - $30,000 |
Private high school (annual tuition) | $15,000 - $30,000+ |
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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