Cost of Living in Weston
Summary: If you are thinking about moving to Weston, here is an overview of the cost of living there.
Weston, is known for its high quality of life, excellent schools, and a strong sense of community. However, this comes with a relatively high cost of living, especially when it comes to housing. The housing market in Weston is quite expensive, with prices for 3 and 4 bedroom homes typically ranging from $700,000 to well over $2 million, depending on the size, condition, and location of the property. The median home value in Weston is significantly higher than the national average, reflecting the desirability of the area and the affluence of many of its residents.
When it comes to apartment rentals, the market is limited due to the predominantly residential and suburban nature of the town. However, for the few available rental properties, a 1-bedroom apartment might start around $1,500 per month, while larger apartments or rental homes can easily exceed $3,000 per month. Apartment purchases are also on the higher end, with prices varying widely based on the location and amenities offered. It's not uncommon for condos and townhomes to sell for between $400,000 and $800,000 or more.
Dining out in Weston can also be a costly affair, with many restaurants catering to an upscale clientele. A meal at a mid-range restaurant for two could cost between $60 and $100, while a dinner at a high-end restaurant can be significantly more. Fast food and casual dining options are more limited in Weston compared to larger cities, but prices are generally on par with those found in other affluent suburbs.
Utilities in Weston, including electricity, heating, cooling, water, and garbage, can cost homeowners between $250 and $400 per month, depending on the size of the home and usage. This is slightly higher than the national average, reflecting the larger size of homes in the area and the seasonal extremes in temperature that can drive up heating and cooling costs.
Private school tuition in Weston is another significant expense for families. Preschool costs can range from $10,000 to $20,000 per year, depending on the program's duration and prestige. Elementary and middle schools can cost between $20,000 and $40,000 per year, while private high schools can be even more expensive, with some tuitions exceeding $40,000 annually. These costs reflect the high quality of education and facilities that these private institutions offer.
Expense Category | Cost |
---|---|
3 Bedroom Home Purchase | $700,000 - $1.5M+ |
4 Bedroom Home Purchase | $800,000 - $2M+ |
Apartment Rental | $1,500 - $3,000+/month |
Apartment Purchase | $400,000 - $800,000+ |
Mid-Range Restaurant Meal for 2 | $60 - $100 |
High-End Restaurant Meal for 2 | $100+ |
Utilities (Monthly) | $250 - $400 |
Private Preschool Tuition (Annual) | $10,000 - $20,000 |
Private Elementary School Tuition (Annual) | $20,000 - $40,000 |
Private Middle School Tuition (Annual) | $20,000 - $40,000 |
Private High School Tuition (Annual) | $40,000+ |
About the Author
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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