Cost of Living in Westhampton

Westhampton, is a hamlet in the town of Southampton, located on Long Island. It is part of the Greater Westhampton area, which is known for its beautiful beaches, affluent communities, and high cost of living, especially during the peak summer season when the population swells with vacationers. The cost of living in Westhampton is significantly higher than the national average, largely due to the high cost of housing in the area.

Housing prices in Westhampton can vary greatly depending on proximity to the water and the size and condition of the property. For a 3-bedroom home, prices typically start around $700,000 and can go up to several million dollars for properties with prime locations or luxury amenities. A 4-bedroom home in Westhampton can range from approximately $800,000 to well over $5 million for waterfront estates or new construction with high-end finishes.

Apartment rentals in Westhampton are also on the higher end. A 1-bedroom apartment can cost anywhere from $2,000 to $3,000 per month, while larger 2 or 3-bedroom apartments can range from $3,000 to $5,000 per month or more, especially if they offer ocean views or other desirable features. Apartment purchases are less common, as the area is predominantly composed of single-family homes, but condos and co-ops can be found with prices typically starting at around $500,000 and going up to several million dollars.

When it comes to dining out, Westhampton 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 can range from $50 to $100 per person, not including drinks, tax, or tip. Fine dining establishments can be significantly more expensive.

Utilities in Westhampton, including electricity, heating, cooling, water, and garbage services, can cost around $200 to $400 per month for a standard-sized home, depending on usage and the time of year. Summers can be particularly expensive due to the need for air conditioning.

Private school tuition varies widely depending on the institution and the level of education. Preschool tuition can range from $10,000 to $20,000 per year. Elementary and middle schools can cost between $20,000 and $35,000 per year, while private high schools can range from $25,000 to $40,000 per year or more for prestigious institutions.