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BlueBurbia - Cost of Living in Massapequa 2024
BlueBurbia


Cost of Living in Massapequa

By Joshua Wood, LPC

Summary: If you are thinking about moving to Massapequa, here is an overview of the cost of living there.

Massapequa, is a suburban community located on Long Island in Nassau County. The cost of living in Massapequa is generally higher than the national average, reflecting the overall high cost of living in the New York metropolitan area. Housing costs in Massapequa can vary widely 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 Massapequa might range from $500,000 to $700,000, while a 4-bedroom home could cost anywhere from $600,000 to over $800,000. These prices can fluctuate based on market conditions and specific neighborhood characteristics.

Apartment rentals in Massapequa also reflect the high cost of living. A 1-bedroom apartment might rent for between $1,800 and $2,500 per month, while a 2-bedroom apartment could range from $2,200 to $3,000 or more per month. Apartment purchases, on the other hand, can vary significantly based on the location, amenities, and size of the unit. A condo or co-op might be priced from $300,000 to $500,000 or more for a 2-bedroom unit.

When it comes to dining out, Massapequa offers a variety of restaurants ranging from casual eateries to upscale dining experiences. 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 priced at $50 to $80 per person, excluding drinks and gratuity. Utilities, including electricity, heating, cooling, water, and garbage, for a standard apartment can cost around $200 to $400 per month, depending on usage and the time of year.

Private school tuition in Massapequa can be a significant expense for families. Preschool costs can range from $10,000 to $20,000 per year, depending on the institution and the program's comprehensiveness. Tuition for private elementary schools might range from $5,000 to $25,000 per year, while middle schools and high schools can cost between $10,000 and $30,000 annually. These figures can vary widely based on the school's reputation, facilities, and the educational programs offered.

Item Cost
3-Bedroom Home Purchase $500,000 - $700,000
4-Bedroom Home Purchase $600,000 - $800,000+
1-Bedroom Apartment Rental $1,800 - $2,500/month
2-Bedroom Apartment Rental $2,200 - $3,000+/month
2-Bedroom Apartment Purchase $300,000 - $500,000+
Inexpensive Restaurant Meal $15 - $25/person
Mid-Range Restaurant 3-Course Meal $50 - $80/person
Monthly Utilities $200 - $400
Private Preschool Tuition (Annual) $10,000 - $20,000
Private Elementary School Tuition (Annual) $5,000 - $25,000
Private Middle School Tuition (Annual) $10,000 - $30,000
Private High School Tuition (Annual) $10,000 - $30,000

About the Author

Joshua Wood 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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