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BlueBurbia - Cost of Living in Northport 2024
BlueBurbia


Cost of Living in Northport

By Betsy Burlingame

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

Northport, is a charming village located on the North Shore of Long Island, known for its vibrant downtown, scenic harbor, and strong sense of community. The cost of living in Northport is generally higher than the national average, reflecting the desirable location and quality of life in the area. Housing costs are a significant factor in the overall cost of living, with prices for homes varying depending on size, location, and amenities.

As of my knowledge cutoff in early 2023, the housing market in Northport is quite competitive, with 3-bedroom homes typically starting around $500,000 and can go well above $1 million, depending on the property's condition and exact location. For a 4-bedroom home, buyers should expect to pay anywhere from $600,000 to over $1.5 million. These prices are subject to change based on market conditions and specific neighborhood dynamics.

Apartment rentals in Northport also reflect the high cost of living. A 1-bedroom apartment might start around $1,800 per month, while larger 2-bedroom apartments can exceed $2,500 per month. For those interested in purchasing an apartment or a condo, prices can vary widely, but it's not uncommon to see listings starting at $300,000 and going up to $800,000 or more for luxury units with prime locations and amenities.

Dining out in Northport offers a range of options, from casual eateries to upscale restaurants. A typical meal at a mid-range restaurant might cost between $15 and $30 per person, while a three-course meal at a higher-end establishment could be $50 to $100 per person, excluding drinks and gratuity.

Utilities, including electricity, heating, cooling, water, and garbage services, can average around $250 to $400 per month for a standard family home, though this can fluctuate with the seasons, particularly with heating costs in the winter and cooling costs in the summer.

Private school tuition in Northport varies widely 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 might charge anywhere from $15,000 to $30,000 annually, while private high schools can cost between $20,000 and $40,000 per year. These figures are approximate and can vary significantly based on the school's reputation, facilities, and the programs offered.

Item Cost
3-Bedroom Home Purchase $500,000 - $1,000,000+
4-Bedroom Home Purchase $600,000 - $1,500,000+
1-Bedroom Apartment Rental $1,800+ per month
2-Bedroom Apartment Rental $2,500+ per month
Apartment Purchase $300,000 - $800,000+
Mid-Range Restaurant Meal $15 - $30 per person
Upscale Restaurant Meal $50 - $100 per person
Monthly Utilities $250 - $400
Private Preschool Tuition $10,000 - $20,000 per year
Private Elementary/Middle School Tuition $15,000 - $30,000 per year
Private High School Tuition $20,000 - $40,000 per year

About the Author

Betsy Burlingame 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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