Cost of Living in Lakeview

Lakeview, is a hamlet in Nassau County, Long Island, and its cost of living can be reflective of the generally high costs associated with the New York metropolitan area. Housing prices in Lakeview can vary widely depending on the exact location, size, and condition of the property. As of my knowledge cutoff in early 2023, the median home value in Lakeview is around $450,000 to $550,000. For a 3-bedroom home, prices can range from $400,000 to $500,000, while a 4-bedroom home might be listed between $500,000 and $600,000 or more, depending on the amenities and specific neighborhood.

Apartment rentals in Lakeview also vary, with a 1-bedroom apartment typically ranging from $1,500 to $2,000 per month, while a 2-bedroom can cost between $2,000 and $2,500 per month. Apartment purchases, on the other hand, can range from $200,000 for a modest 1-bedroom to over $400,000 for a more spacious 2-bedroom unit. Dining out in Lakeview can be relatively affordable, with casual dining restaurants offering meals for around $15 to $25 per person, and more upscale dining experiences can cost upwards of $50 per person.

Utilities, including electricity, heating, cooling, water, and garbage services, can cost around $250 to $400 per month for a standard family home, depending on usage and the time of year. Internet and cable services can add an additional $100 to $150 per month. Private school tuition in Lakeview can be quite costly, with preschools charging anywhere from $10,000 to $20,000 per year. Elementary and middle schools can cost between $15,000 and $30,000 per year, while private high schools can range from $20,000 to over $35,000 annually, depending on the institution's prestige and facilities.