Cost of Living in Tolland
Summary: If you are thinking about moving to Tolland, here is an overview of the cost of living there.
Tolland, is a small town located in Tolland County, known for its rural charm and community-oriented atmosphere. The cost of living in Tolland is generally higher than the national average, primarily due to housing costs. For those interested in purchasing a home, the housing market can vary, but as of my knowledge cutoff in early 2023, the median home value in Tolland is around $300,000. Specifically, the prices for 3-bedroom homes can range from $250,000 to $350,000, while 4-bedroom homes may be priced between $300,000 and $450,000 or more, depending on the size, condition, and location within the town.
When it comes to renting an apartment, the costs can also be quite high compared to national averages. A 1-bedroom apartment might rent for anywhere between $1,200 and $1,500 per month, while a 2-bedroom apartment could cost between $1,500 and $2,000 per month. Apartment purchases are less common in Tolland, as the housing market is predominantly composed of single-family homes. However, for those available, prices can vary widely based on the size and amenities offered.
Dining out in Tolland can be a pleasant experience, with a variety of local restaurants offering a range of cuisines. A typical meal at a mid-range restaurant might cost around $15 to $25 per person, while a three-course meal for two at a higher-end restaurant could be around $50 to $70. Fast food and takeout options are also available, with prices consistent with national chains.
Utilities, including electricity, heating, cooling, water, and garbage, can cost around $200 to $300 per month for a standard-sized home, though this can fluctuate based on usage and the time of year. Internet services typically add another $60 to $100 to monthly expenses, depending on the speed and service provider.
For families considering private education, Tolland offers several options, though tuition can be a significant expense. Preschool tuition can range from $10,000 to $15,000 per year. Elementary and middle schools may charge between $15,000 and $25,000 annually, while private high schools can cost upwards of $25,000 to $40,000 per year, depending on the institution's prestige and program offerings.
Item | Cost |
---|---|
3-Bedroom Home Purchase | $250,000 - $350,000 |
4-Bedroom Home Purchase | $300,000 - $450,000+ |
1-Bedroom Apartment Rental | $1,200 - $1,500/month |
2-Bedroom Apartment Rental | $1,500 - $2,000/month |
Mid-Range Restaurant Meal | $15 - $25/person |
High-End Restaurant Meal for Two | $50 - $70 |
Utilities (Monthly) | $200 - $300 |
Internet (Monthly) | $60 - $100 |
Private Preschool Tuition (Yearly) | $10,000 - $15,000 |
Private Elementary/Middle School Tuition (Yearly) | $15,000 - $25,000 |
Private High School Tuition (Yearly) | $25,000 - $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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