Cost of Living in Coventry
Summary: If you are thinking about moving to Coventry, here is an overview of the cost of living there.
Coventry, is a small town that offers a blend of rural charm and suburban convenience. The cost of living in Coventry is generally in line with the national average, although certain expenses such as housing can be slightly higher due to the picturesque New England setting and the proximity to larger cities like Hartford. Housing prices in Coventry can vary depending on the location, size, and condition of the property. As of my knowledge cutoff in early 2023, the median price for a 3-bedroom home in Coventry is approximately $250,000 to $300,000, while a 4-bedroom home may range from $300,000 to $400,000 or more. These prices can fluctuate based on market conditions and specific neighborhood characteristics.
When it comes to apartment rentals, a 1-bedroom apartment in Coventry might cost around $1,000 to $1,200 per month, while a 2-bedroom apartment could range from $1,200 to $1,500 per month. Apartment purchases are less common in Coventry, as the housing market is predominantly composed of single-family homes. However, for those interested in purchasing a condominium or a similar property, prices can vary widely based on the size and amenities offered, with some units starting in the low $100,000s and others reaching upwards of $200,000 or more.
Dining out in Coventry can be a pleasant experience with a variety of local restaurants offering American and international cuisine. A typical meal at a mid-range restaurant might cost between $15 and $30 per person, while a dinner for two at a higher-end establishment could be around $50 to $100, excluding drinks and gratuities. Fast food and casual dining options are also available for those looking for a quicker or less expensive meal.
Utilities in Coventry, including electricity, heating, cooling, water, and garbage services, can average around $200 to $300 per month for a standard family home, though this can vary based on usage and the time of year. Winters can be particularly cold in New England, leading to higher heating costs during those months.
Private school tuition in Coventry can be a significant expense for families choosing this option over public schooling. Preschool tuition can range from $5,000 to $10,000 per year, depending on the program's quality and duration. Elementary and middle school tuition can vary widely, with some private schools charging between $10,000 and $20,000 per year. High school tuition can be even higher, with some prestigious institutions charging $20,000 to $30,000 or more annually. It's important to note that these figures can vary greatly depending on the school's reputation, facilities, and the breadth of its extracurricular offerings.
Expense Category | Cost |
---|---|
3-Bedroom Home Purchase | $250,000 - $300,000 |
4-Bedroom Home Purchase | $300,000 - $400,000+ |
1-Bedroom Apartment Rental | $1,000 - $1,200/month |
2-Bedroom Apartment Rental | $1,200 - $1,500/month |
Apartment Purchase | $100,000 - $200,000+ |
Mid-Range Restaurant Meal | $15 - $30/person |
High-End Restaurant Dinner for Two | $50 - $100 |
Utilities (Monthly Average) | $200 - $300 |
Private Preschool Tuition (Annual) | $5,000 - $10,000 |
Private Elementary/Middle School Tuition (Annual) | $10,000 - $20,000 |
Private High School Tuition (Annual) | $20,000 - $30,000+ |
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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