Cost of Living in Roslyn

Roslyn, is a village located on the North Shore of Long Island in Nassau County, known for its affluent community and high cost of living compared to the national average. Housing prices in Roslyn reflect the upscale nature of the community. As of my knowledge cutoff in early 2023, the median home value in Roslyn is significantly higher than the national median. For a 3-bedroom home, prices typically start around $700,000 and can go well over $1 million depending on the location, size, and condition of the property. A 4-bedroom home in Roslyn is even more costly, with prices often starting at $1 million and can reach several million dollars for luxury properties with premium features and larger lots.

Apartment rentals in Roslyn also come with a high price tag. A 1-bedroom apartment can cost anywhere from $2,500 to $3,500 per month, while larger 2-bedroom apartments can range from $3,000 to $5,000 per month or more. Apartment purchases are similarly expensive, with condos and co-ops starting in the $500,000 range for a 1-bedroom unit and climbing higher for larger units with more amenities.

Dining out in Roslyn can cater to a range of budgets, but many restaurants in the area are on the pricier side, reflecting the tastes of the local clientele. A meal at a mid-range restaurant can cost between $50 and $100 per person, while fine dining establishments can charge much more, especially if you include wine and dessert.

Utilities in Roslyn, including electricity, heating, cooling, water, and garbage services, can average around $250 to $400 per month for a standard-sized home, but this can vary widely based on usage and the size of the dwelling.

Private school tuition in Roslyn is another significant expense for families. Preschools can range from $10,000 to $20,000 per year, depending on the program's prestige and offerings. Elementary and middle schools can cost between $20,000 and $35,000 per year, while private high schools can be even more expensive, with some of the top schools charging upwards of $40,000 per year in tuition.