Cost of Living in Long Beach
Summary: If you are thinking about moving to Long Beach, here is an overview of the cost of living there.
Long Beach, is a coastal city located on Long Island, known for its beautiful beaches and vibrant community. The cost of living in Long Beach is relatively high, reflecting its desirable location and proximity to New York City. Housing prices in Long Beach vary depending on proximity to the beach and other amenities. As of my knowledge cutoff in early 2023, the median price for a 3-bedroom home in Long Beach is approximately $600,000 to $700,000, while a 4-bedroom home may range from $700,000 to over $1 million, depending on the exact location and condition of the property.
Apartment rentals in Long Beach also come with a premium due to the location. A 1-bedroom apartment can cost anywhere from $2,000 to $2,500 per month, while larger 2-bedroom apartments may range from $2,500 to $3,500 or more. For those looking to purchase an apartment, prices can vary widely, but a 2-bedroom condo or co-op might be found in the range of $400,000 to $600,000, with luxury units and those with ocean views commanding higher prices.
Dining out in Long Beach offers a variety of options, from casual eateries to upscale restaurants. 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 $75 per person. For those who enjoy fine dining, prices can be significantly higher, especially at top-tier establishments with ocean views.
Utilities in Long Beach, including electricity, heating, cooling, water, and garbage services, can average around $200 to $300 per month for a standard apartment, though this can fluctuate based on usage and the time of year. During the summer months, when air conditioning is in high demand, utility costs may increase.
Private school tuition in Long Beach varies depending on the institution and the level of education. Preschool tuition can range from $10,000 to $20,000 per year. Elementary and middle schools may charge between $15,000 and $30,000 annually, while private high schools can cost upwards of $20,000 to $40,000 or more per year. These figures are indicative and can vary significantly based on the school's reputation, facilities, and the specific programs offered.
| Item | Cost |
|---|---|
| 3-Bedroom Home Purchase | $600,000 - $700,000 |
| 4-Bedroom Home Purchase | $700,000 - $1,000,000+ |
| 1-Bedroom Apartment Rental | $2,000 - $2,500/month |
| 2-Bedroom Apartment Rental | $2,500 - $3,500/month |
| 2-Bedroom Apartment Purchase | $400,000 - $600,000 |
| Inexpensive Restaurant Meal | $15 - $25/person |
| Mid-Range Restaurant 3-Course Meal | $50 - $75/person |
| Utilities (Monthly Average) | $200 - $300 |
| 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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