Cost of Living in Granby

Granby, is a small town in Hartford County with a semi-rural character and a population of around 11,000 people. The cost of living in Granby is generally higher than the national average, primarily due to housing costs. For those looking to purchase a home, the housing market in Granby can be quite competitive, with prices reflecting the town's desirability and its proximity to larger cities like Hartford and Springfield, MA.

As of my knowledge cutoff in early 2023, the median home price in Granby for a 3-bedroom home is approximately $300,000 to $400,000, while a 4-bedroom home may range from $400,000 to $500,000 or more, depending on the size, condition, and location of the property. These prices can fluctuate based on market conditions and specific neighborhood characteristics.

For those interested in renting, apartment rentals for a 1-bedroom can range from $1,000 to $1,500 per month, while a 2-bedroom apartment might cost between $1,200 and $1,800 per month. Apartment purchases are less common in Granby, but condos and townhomes may be available with prices varying widely based on size and amenities, potentially ranging from $150,000 to $300,000 or more.

When it comes to dining out, Granby offers a variety of restaurants ranging from casual eateries to more upscale dining experiences. 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 restaurant could run upwards of $60 to $100, not including drinks, tax, or tip.

Utilities, including electricity, heating, cooling, water, and garbage, for a standard apartment can average around $200 to $300 per month, depending on usage and the time of year. However, these costs can be higher for larger homes and during extreme weather conditions when heating or cooling needs are greater.

Private school tuition in Granby can vary significantly based on the institution and the level of education. Preschool tuition can range from $10,000 to $20,000 per year. Elementary and middle school tuition can be similar, while high school tuition can be higher, potentially ranging from $20,000 to $40,000 per year or more for prestigious institutions. It's important to note that these figures can vary widely and it's best to contact the schools directly for the most accurate and current tuition rates.