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BlueBurbia - Cost of Living in Wayne 2024
BlueBurbia


Cost of Living in Wayne

By Joshua Wood, LPC

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

Wayne, is a suburban township located in Passaic County with a diverse range of living costs. Housing prices in Wayne can vary significantly based on the neighborhood, the size of the home, and its condition. As of my knowledge cutoff in early 2023, the average price for a 3-bedroom home in Wayne might range from $400,000 to $600,000, while a 4-bedroom home could cost anywhere from $500,000 to $700,000 or more, depending on the location and amenities. These prices are subject to change due to market conditions and should be researched for the most current figures.

Apartment rentals in Wayne also vary, with a 1-bedroom apartment typically ranging from $1,500 to $2,000 per month, while a 2-bedroom apartment might cost between $2,000 and $2,500 per month. For those interested in purchasing an apartment or a condo, prices can range from $200,000 to $400,000, depending on the size and location within the township.

When it comes to dining out, Wayne offers a variety of restaurants ranging from casual eateries to upscale dining experiences. A meal at an inexpensive restaurant might cost around $15 to $20 per person, while a three-course meal at a mid-range restaurant could be priced between $50 and $70 per person. Fast food combo meals are typically around $8 to $10.

Utilities for a standard 85m² apartment in Wayne, including electricity, heating, cooling, water, and garbage, can average between $150 and $250 per month, depending on usage and the time of year. Internet services can add an additional $60 to $100 per month.

Private school tuition varies widely based on the institution and the level of education. Preschool costs can range from $10,000 to $20,000 per year. Elementary schools might charge between $10,000 and $25,000 annually, while middle and high schools can cost from $15,000 to $30,000 or more per year. These figures are approximate and can fluctuate based on the specific school and the programs it offers.

Item Cost
3-Bedroom Home Purchase $400,000 - $600,000
4-Bedroom Home Purchase $500,000 - $700,000+
1-Bedroom Apartment Rental $1,500 - $2,000/month
2-Bedroom Apartment Rental $2,000 - $2,500/month
Apartment Purchase $200,000 - $400,000
Inexpensive Restaurant Meal $15 - $20/person
Mid-Range Restaurant 3-Course Meal $50 - $70/person
Fast Food Combo Meal $8 - $10
Monthly Utilities $150 - $250
Internet (monthly) $60 - $100
Private Preschool Tuition (annual) $10,000 - $20,000
Private Elementary School Tuition (annual) $10,000 - $25,000
Private Middle School Tuition (annual) $15,000 - $30,000
Private High School Tuition (annual) $15,000 - $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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