Cost of Living in Cedarhurst
Summary: If you are thinking about moving to Cedarhurst, here is an overview of the cost of living there.
Cedarhurst, located in Nassau County on Long Island, is known for its suburban charm and proximity to New York City. The cost of living in Cedarhurst is significantly higher than the national average, reflecting the overall trend in Long Island and the greater New York metropolitan area. Housing costs are a major factor in the elevated cost of living, with prices for homes varying depending on size, location, and amenities.
For those looking to purchase a home, a 3-bedroom house in Cedarhurst can range from $500,000 to over $1 million, with the median price hovering around $700,000. Larger 4-bedroom homes can command prices from $600,000 to well above $1.2 million, with the median price being closer to $800,000. These prices can fluctuate based on the real estate market and specific neighborhood characteristics.
Apartment rentals in Cedarhurst also reflect the high cost of living. A 1-bedroom apartment can cost anywhere from $1,800 to $2,500 per month, while a 2-bedroom apartment can range from $2,300 to $3,500 per month. For those interested in purchasing an apartment, prices can vary widely based on size, location, and building amenities, with some condos and co-ops starting at around $300,000 and going up to $700,000 or more for luxury units.
Dining out in Cedarhurst can cater to a variety of budgets, with casual eateries and takeout options offering meals for $10-$20 per person, while mid-range restaurants might charge $20-$50 per person, and upscale dining experiences can exceed $50 per person. The cost of groceries is also higher than the national average, which should be factored into monthly living expenses.
Utilities, including electricity, heating, cooling, water, and garbage services, can cost around $250-$400 per month for a standard family home, depending on usage and the time of year. Internet and cable services add an additional $50-$150 per month, depending on the service package chosen.
Private school tuition in Cedarhurst varies widely depending on the institution and level of education. Preschool tuition can range from $10,000 to $20,000 per year. Elementary and middle schools can 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 be higher for prestigious institutions or those offering specialized programs.
| Item | Cost |
|---|---|
| 3-bedroom Home Purchase | $500,000 - $1,000,000+ |
| 4-bedroom Home Purchase | $600,000 - $1,200,000+ |
| 1-bedroom Apartment Rental | $1,800 - $2,500/month |
| 2-bedroom Apartment Rental | $2,300 - $3,500/month |
| Apartment Purchase | $300,000 - $700,000+ |
| Casual Dining | $10 - $20/person |
| Mid-range Restaurant | $20 - $50/person |
| Upscale Dining | $50+/person |
| Utilities (Monthly) | $250 - $400 |
| Internet and Cable | $50 - $150/month |
| 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
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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