Cost of Living in Wilton
Summary: If you are thinking about moving to Wilton, here is an overview of the cost of living there.
Wilton, is a picturesque and affluent community located in Fairfield County, known for its high quality of life, excellent schools, and beautiful natural surroundings. The cost of living in Wilton is significantly higher than the national average, primarily due to the high cost of housing in the area. For those looking to purchase a home, the housing market can be quite expensive, with prices varying based on the size, location, and condition of the property. As of my knowledge cutoff in early 2023, the median home value in Wilton is well above the national average, with 3-bedroom homes typically starting around $600,000 and can go well over $1 million, depending on the property. Four-bedroom homes are even more costly, often ranging from $700,000 to several million dollars.
Apartment rentals in Wilton also reflect the town's upscale nature, with monthly rents for a 1-bedroom apartment starting at around $1,800 to $2,500, while larger 2 or 3-bedroom apartments can easily exceed $3,000 to $4,500 per month. Those interested in purchasing an apartment or a condominium can expect to pay a premium, with prices often starting at $300,000 and climbing much higher for luxury units with more amenities.
Dining out in Wilton can cater to a variety of tastes and budgets, although the overall trend leans towards the pricier side. 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 $50 and $100 per person, excluding drinks and gratuities. High-end dining experiences will, of course, come with a higher price tag.
Utilities in Wilton, including electricity, heating, cooling, water, and garbage, can average around $250 to $400 per month for a standard-sized home, depending on usage and the time of year. Internet services add an additional cost of approximately $60 to $100 per month.
Private school tuition in Wilton varies widely depending on the institution and the level of education. Preschools can range from $10,000 to $20,000 per year. Elementary and middle schools can cost between $20,000 and $35,000 annually, while private high schools can be even more expensive, with tuition fees often exceeding $40,000 per year. These costs reflect the high-quality education and facilities that many private schools in the area offer.
Item | Cost |
---|---|
3-Bedroom Home Purchase | $600,000 - $1,000,000+ |
4-Bedroom Home Purchase | $700,000 - $2,000,000+ |
1-Bedroom Apartment Rental | $1,800 - $2,500/month |
2-3 Bedroom Apartment Rental | $3,000 - $4,500/month |
Apartment Purchase | $300,000+ |
Inexpensive Restaurant Meal | $15 - $25/person |
Mid-Range Restaurant Meal | $50 - $100/person |
Utilities (Monthly Average) | $250 - $400 |
Internet (Monthly) | $60 - $100 |
Private Preschool Tuition (Annual) | $10,000 - $20,000 |
Private Elementary School Tuition (Annual) | $20,000 - $35,000 |
Private Middle School Tuition (Annual) | $20,000 - $35,000 |
Private High School Tuition (Annual) | $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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