Are you thinking of moving to Bronxville, NY? How much does it cost to live in Bronxville? Does it really cost more than $17,000 a month for a family to live in Bronxville?
It’s very expensive to live in Bronxville! It cost $17,040.26 for a family of four to live in Bronxville, NY! Bronxville is one of the wealthiest towns in Westchester County with a mean income of $358,224.
When it comes to living in Bronxville, there are many factors to consider. You will have to take into account the cost of commuting, transportation expenses, housing expenses and home maintenance expenses.
For those of you with kids, you will have to take into account childcare, after school enrichment activities, preschool tuition and other child-related expenses.
Use our Bronxville Cost of Living Calculator below to find out how much it will cost for you to live in Bronxville.
Check out: The Truth About Living in Bronxville, NY
Bronxville Cost of Living: Commute and Transportation Expense
How Much Does It Cost to Take the Metro North from Bronxville to New York City?
Many Bronxville residents commute to NYC for work. They usually take the Metro North train to NYC. Bronxville Metro North train station is conveniently located within walking distance of downtown Bronxville.
If you take the Metro North train every day, you can buy a monthly pass. The monthly Metro North ticket from Bronxville to NYC is $250.25.
How Much Does It Cost to Park at the Bronxville Metro North Train station?
The annual parking permit at the Bronxville Metro train station will vary depending on which lot you park- Kensington Garage and Kraft Lot parking permits are $1280 a year while a parking permit at the Parkway Road lot is $1530. In our Bronxville cost of living calculator we used $1,530 a year which comes out to $18 a month.
In our Bronxville cost of living calculator below, we used $300 per month as the monthly cost for both the monthly Metro-North train ticket and the Metro-North train station parking.
How Much Does It Cost to Own a Car in Bronxville?
Many families in Bronxville can walk to the train station. However, it’s still pretty common for Bronxville families to own at least 1 car.
In our Bronxville Cost of Living Calculator below, the monthly cost to own a car in Bronxville is $639 per car. This includes car payments, insurance, gas, and tolls. We priced out a $450 per month lease which can get you a Toyota Highlander.
Bronxville Cost of Living: Childcare Expense
How Much Does Childcare Cost in Bronxville?
Childcare is a big expense for families in Bronxville with young children. Fortunately for families in Bronxville, there are many childcare options available to families. You can enroll your child in a Daycare program, or hire babysitters, or a live-in au pair.
How Much Does Daycare Cost in Bronxville?
You can enroll your child in a full-time daycare in Bronxville which will cost approximately $2000 a month.
How Much Does it Cost to Hire Babysitters in Bronxville?
Live-out Babysitters in Bronxville can range from $15-$25 per hour. Depending on your household arrangement, you may have 2 full-time working parents so you will need a full-time babysitter.
Families with a stay-at-home parent might only need help on a part-time basis. Many families that have kids in school may only need an after-school sitter to drive the kids to after-school sports and enrichment activities.
Or there are families who have their kids in daycare and will only need occasional babysitting on the weekends.
In our Bronxville Cost of Living Calculator below, we broke down the babysitter option to Full time (40 hours/week), Part-Time (20 Hours/Week), or Occasional (5 Hours/Week) based on a rate of $20 per hour.
How Much Does It Cost to Have Au Pairs in Bronxville?
The third childcare option is to have an Au Pair. Au Pairs are a great value because they generally cost $800 a month and $9000 fees so around $18,600 per year and you can get 45 hours a week of childcare.
However, Au Pairs live in your house so you will have to take into account housing expenses, food expenses, cellphone subscription expenses, and other miscellaneous expenses associated with having an extra person living in your home.
In our Bronxville Cost of Living Calculator, we used $1800 per month for the monthly Au Pair expense which includes the Au Pair fee and living expenses.
How Much is Preschool Tuition in Bronxville?
Preschool tuition in Bronxville varies by the number of days and the type of preschool.
For example, at Bronxville Montessori School, 5 days of half day Preschool tuition is $12,125 a year while at Reformed Church Nursery School (RCNS), 5 days of Preschool tuition is $11,000 a year.
In our Bronxville Cost of Living Calculator, we used $1000 per month for preschool tuition.
Find out what it’s really like to live in Bronxville, NY with our interview with Bronxville mom, Maura
How Much Is Private School Tuition in Bronxville?
We also included Private School tuition in our calculator below. It is not uncommon for families to start off at the public school system and then later move their kids to private school, so we included private school tuition as a field in the calculator below. The Private School tuition is $40,000 a year or $3,333 per month.
How Much Does Sport and After School Enrichment Cost in Bronxville?
Many families move to Bronxville for the top-rated public school system. However, even if you send your child to Public School, you will most likely incur some tuition and enrichment expenses.
It is common for children in Bronxville to be enrolled in some type of enrichment program either after school or during the weekend.
In our Bronxville Cost of Living Calculator, we used $144 per month as the cost for enrichment if your child is enrolled in a 1x a week sports program or enrichment class.
We calculated the cost of after school programs and enrichment based on $36 per class (enrichment and sports classes can vary from $25 per class to $50+ per class depending on what sports you do and if it is a private lesson or group lesson).
Bronxville Cost of Living: Health and Fitness Expense
How much are Gym Memberships in Bronxville?
Many families are members of a local gym, the price will depend on the gym and the type of membership. SoulCycle is $360 for 10 classes while an unlimited membership at Orangetheory is $189 a month.
For the Bronxville Cost of Living Calculator, we used $300 per month for a family gym membership.
Bronxville Cost of Living: Housing Expense
In the Bronxville Cost of Living Calculator, you will see that there is a mortgage calculator component. This is so you can include your monthly housing payment with homeowners insurance and real estate tax.
If you don’t know the cost of your homeowner’s insurance or property taxes, you can use the preset number in the field.
How Much is Home Maintenance and Utilities in Bronxville?
Our Bronxville Cost of Living Calculator will not be complete without including home maintenance and monthly utilities. Utilities include water, gas, electric, and cable/internet.
Home maintenance includes home repairs and exterior maintenance such as landscaping, snow shoveling, and Tick and Mosquito spray for the yard.
In our Bronxville Cost Calculator below, the exterior maintenance is based on $433.33 per month for a 1-acre yard and home repairs and Utilities are based on $0.17 per square foot per month.
How Much Does it Cost for a Family of Four to Live in Bronxville, NY?
How much does it cost for a family of four to live in Bronxville? Let’s price out the cost of living for a family of four in Bronxville.
Let’s say one child is in preschool and the other one is enrolled at Bronxville’s public school. The older child is enrolled in after-school enrichment programs 2x a week.
They have a part-time babysitter that helps out for 20 hours a week. The family has a housekeeper that comes in to clean the house once a week.
They live in a 4300 square feet home in Bronxville on a 0.50-acre lot. They have a 30-year mortgage on their $1,345,000 home* (loan amount is $1,076,000) with taxes of $38,706 a year and homeowners insurance of $5400 a year.
Our Bronxville family owns 2 cars. Dad commutes to NYC, he takes the Metro North train to Manhattan. Mom is a stay at home mom. And they have a gym membership at a local gym.
According to our Bronxville Cost of Living Calculator, it will cost $17,040.26 per month for a family of four to live in Bronxville.
Remember, this only includes housing expenses, transportation expenses and childcare expenses. You still have to add in your food, family vacations, clothing, entertainment, country club fees and other miscellaneous expenses!
*Home price, real estate taxes, square feet and lot size is based on an actual home in Bronxville, NY. We used 6.85% as our mortgage interest rate. We also picked a home that is close to the median sales price of homes.
Bronxville Cost of Living Calculator
Use the Bronxville Cost of Living Calculator below to find out how much it costs to live in Bronxville. Use the slider and fill in the fields with your information.
If you leave a field blank or keep the slider at zero, it will not include that field in the total monthly calculation.
We’ve prefilled the Mortgage loan amount, interest rate, real estate tax, and homeowners insurance, feel free to change it.
Check out our Vacation Calculators
How Much Does it Cost to Go on a Ski Vacation? Use our Ski Vacation Calculator
How Much Does it Cost to Go to Disney? Use our Disney Vacation Calculator
Buy our E-Book: House Hunting Like a Pro
Looking for the perfect home in the New York suburbs can be overwhelming, but don’t worry! With Househunting like a Pro, you can avoid the costly mistake of buying the wrong house!
Written by a real estate professional and local suburbanite, this easy to read E-Book provides valuable advice on how to choose the right towns and find the perfect home.
Plus, with our House Hunting Checklist and Town by Town Tracker printables, you’ll be armed with the tools you need to navigate the home buying process like a pro. Don’t miss out on this opportunity to make your house hunting journey a success – download Househunting like a Pro today!
You May Also Be Interested in:
Does it really cost more than $13,000 a month to live in Westchester County? Check out our Westchester Cost of Living Calculator.