Cost of Living in Wildwood
Summary: If you are thinking about moving to Wildwood, here is an overview of the cost of living there.
Wildwood, is a popular resort city on the Atlantic coast known for its beaches and boardwalk. The cost of living in Wildwood can vary significantly depending on the time of year, as it is a seasonal tourist destination with prices often peaking during the summer months. Housing prices in Wildwood reflect its status as a beach town, with proximity to the ocean being a significant factor in real estate costs. As of my knowledge cutoff in early 2023, the median home value in Wildwood is around $300,000 to $400,000, but prices can be higher for homes with ocean views or closer to the beach. A 3-bedroom home might range from $250,000 to $500,000, while a 4-bedroom home could be anywhere from $300,000 to over $600,000, depending on the location and amenities.
Apartment rentals in Wildwood can also fluctuate based on the season. During the off-season, a 1-bedroom apartment might rent for approximately $800 to $1,200 per month, while during the peak summer months, the same apartment could rent for a significantly higher rate. For those looking to purchase an apartment or a condo, prices can range from $150,000 to $400,000, depending on the size, condition, and location of the property.
When it comes to dining out, Wildwood 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 could be between $30 and $60 per person. Fast food and takeout options are also widely available, with prices comparable to national averages.
Utilities in Wildwood, including electricity, heating, cooling, water, and garbage services, can average around $150 to $250 per month for a standard apartment, depending on usage and the time of year. During the winter months, heating costs can increase, especially for homes that are not well-insulated.
Private school tuition in Wildwood varies depending on the institution and the level of education. Preschool tuition can range from $500 to $1,000 per month. For elementary, middle, and high school levels, annual tuition can range from $5,000 to $15,000 or more, depending on the school's reputation and the programs offered.
| Item | Cost |
|---|---|
| 3-Bedroom Home Purchase | $250,000 - $500,000 |
| 4-Bedroom Home Purchase | $300,000 - $600,000+ |
| Apartment Rental (1-Bedroom) | $800 - $1,200/month (off-season) |
| Apartment Purchase | $150,000 - $400,000 |
| Meal, Inexpensive Restaurant | $15 - $25 |
| Meal for 2, Mid-Range Restaurant, Three-course | $30 - $60 per person |
| Utilities (Monthly Average) | $150 - $250 |
| Private School Tuition (Preschool) | $500 - $1,000/month |
| Private School Tuition (Elementary School) | $5,000 - $15,000/year |
| Private School Tuition (Middle School) | $5,000 - $15,000/year |
| Private School Tuition (High School) | $5,000 - $15,000/year |
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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