Cost of Living in Westport

Westport, is known for its high cost of living, which is significantly above the national average. Housing prices in Westport are particularly steep, reflecting the town's desirability, affluent population, and proximity to New York City. As of my knowledge cutoff in early 2023, the median home price in Westport for a 3-bedroom home can range from $700,000 to over $1 million, depending on the location, age, and condition of the property. For a 4-bedroom home, prices typically start around $1 million and can go up to several million dollars for luxury properties with premium features and locations.

Apartment rentals in Westport are also on the higher end. A 1-bedroom apartment can cost anywhere from $2,000 to $3,000 per month, while a 2-bedroom apartment can range from $3,000 to $4,500 per month or more. Apartment purchases are similarly expensive, with prices varying widely based on size, location, and amenities. A condo or an apartment can start at around $300,000 and can go well over $1 million for luxury units.

Dining out in Westport reflects the town's upscale nature, with many high-end restaurants and eateries. A meal at an inexpensive restaurant might cost around $20 per person, while a three-course meal at a mid-range restaurant can range from $50 to $100 per person, excluding drinks and gratuity. For those who prefer cooking at home, monthly grocery bills can run several hundred dollars, depending on the size of the household and shopping habits.

Utilities, including electricity, heating, cooling, water, and garbage, can cost around $250 to $400 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 per month.

Private school tuition in Westport is another significant expense for families. Preschool costs can vary widely, with some programs starting at around $10,000 to $20,000 per year. Elementary, middle, and high school tuitions can be much higher, often ranging from $25,000 to $45,000 per year or more, depending on the institution's prestige and offerings.