Cost of Living in Baldwin
Summary: If you are thinking about moving to Baldwin, here is an overview of the cost of living there.
Baldwin, is a suburban community located in Nassau County on Long Island. The cost of living in Baldwin is generally higher than the national average, reflecting the overall high cost of living in the New York metropolitan area. Housing costs in Baldwin vary depending on the size and location of the property. As of my knowledge cutoff in early 2023, the median home value for a 3-bedroom home in Baldwin is approximately $450,000 to $550,000, while a 4-bedroom home may range from $500,000 to $650,000 or more, depending on the specific neighborhood and the condition of the home.
Apartment rentals in Baldwin can also be quite costly. A 1-bedroom apartment typically rents for between $1,800 and $2,200 per month, while a 2-bedroom apartment may cost between $2,300 and $2,800 per month. For those interested in purchasing an apartment or a condo, prices can vary widely based on size, location, and amenities, but a ballpark figure would be between $300,000 and $500,000 for a 2-bedroom unit.
When it comes to dining out, Baldwin offers a variety of restaurants ranging from casual eateries to more upscale dining options. 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 $70 per person, excluding drinks and gratuity. Fast food and takeout options are also readily available, with prices typical for the New York area.
Utilities, including electricity, heating, cooling, water, and garbage, for a standard 85m² apartment in Baldwin, can range from $150 to $250 per month, depending on usage and the time of year. Internet services typically add another $60 to $80 per month to the utility bill.
Private school tuition in Baldwin varies widely depending on the institution and the level of education. Preschool costs can range from $10,000 to $20,000 per year. Elementary and middle schools may charge anywhere from $15,000 to $30,000 per year, while private high schools can cost between $20,000 and $40,000 annually. These figures can fluctuate based on the school's reputation, facilities, and the breadth of programs offered.
| Item | Cost |
|---|---|
| 3-Bedroom Home Purchase | $450,000 - $550,000 |
| 4-Bedroom Home Purchase | $500,000 - $650,000+ |
| 1-Bedroom Apartment Rental | $1,800 - $2,200 / month |
| 2-Bedroom Apartment Rental | $2,300 - $2,800 / month |
| 2-Bedroom Apartment Purchase | $300,000 - $500,000 |
| Inexpensive Restaurant Meal | $15 - $25 |
| Mid-Range Restaurant 3-Course Meal | $50 - $70 |
| Utilities (Monthly for 85m² Apartment) | $150 - $250 |
| Internet (Monthly) | $60 - $80 |
| Private Preschool Tuition (Annual) | $10,000 - $20,000 |
| Private Elementary/Middle School Tuition (Annual) | $15,000 - $30,000 |
| Private High School Tuition (Annual) | $20,000 - $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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