How Much Does it Cost to Live in New Rochelle, NY? ($11,000+ a month!)

Are you thinking of moving to New Rochelle, NY? How much does it cost to live in New Rochelle? Does it really cost more than $11,000 a month for a family to live in New Rochelle?

New Rochelle is one of the more affordable towns in Westchester County. Despite being one of the more affordable Westchester County towns it still cost a whopping $11,134 a month for a family of four to live in New Rochelle, NY! Keep on reading to find out how!

When it comes to living in New Rochelle, 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 New Rochelle Cost of Living Calculator below to find out how much it will cost for you to live in New Rochelle.

Check out: The Truth About Living in New Rochelle

New Rochelle Cost of Living: Commute and Transportation Expense

How Much Does It Cost to Take the Metro North from New Rochelle to New York City?

Many New Rochelle residents commute to NYC for work. They usually take the Metro North train to NYC. New Rochelle Metro North train station is conveniently located within walking distance of downtown New Rochelle.

If you take the Metro North train every day, you can buy a monthly pass. The monthly Metro North ticket from New Rochelle to NYC is $250.25.

How Much Does It Cost to Park at the New Rochelle Metro North Train station?

The annual parking permit at the New Roc Garage is $650 a year for New Rochelle residents.

In our New Rochelle cost of living calculator below, we used $310 per month as the monthly cost for both the monthly Metro-North train ticket and the Metro-North train station parking.

Check out our Guide to Metro North Train Station Parking in Westchester County

How Much Does It Cost to Own a Car in New Rochelle?

Many families in New Rochelle can walk to the train station. However, it’s still pretty common for New Rochelle families to own at least 1 car.

In our New Rochelle Cost of Living Calculator below, the monthly cost to own a car in New Rochelle 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.

New Rochelle Cost of Living: Childcare Expense

How Much Does Childcare Cost in New Rochelle?

Childcare is a big expense for families in New Rochelle with young children. Fortunately for families in New Rochelle, 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 New Rochelle?

You can enroll your child in a full-time daycare in New Rochelle which will cost approximately $2000 a month.

How Much Does it Cost to Hire Babysitters in New Rochelle?

Live-out Babysitters in New Rochelle 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 New Rochelle 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 New Rochelle?

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 New Rochelle 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 New Rochelle?

Preschool tuition in New Rochelle varies by the number of days and the type of preschool.

For example, at The Preschool Learning Center, 5 days of half day Preschool tuition is $8,082 a year.

In our New Rochelle Cost of Living Calculator, we used $700 per month for preschool tuition.

How Much Is Private School Tuition in New Rochelle?

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.

Are you thinking of sending your child to private school? Check out our Private School Finder and Private School Admissions Advice

How Much Does Sport and After School Enrichment Cost in New Rochelle?

Many families move to New Rochelle for the 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 New Rochelle to be enrolled in some type of enrichment program either after school or during the weekend.

In our New Rochelle 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).

New Rochelle Cost of Living: Health and Fitness Expense

How much are Gym Memberships in New Rochelle?

Many families are members of a local gym, the price will depend on the gym and the type of membership. A membership at the New Rochelle Planet Fitness is $25 a month and a family membership at the New Rochelle YMCA is $75 a month.

For the New Rochelle Cost of Living Calculator, we used $100 per month for a family gym membership.

New Rochelle Cost of Living: Housing Expense

Mortgage Expense

In the New Rochelle 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 New Rochelle?

Our New Rochelle 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 New Rochelle 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 New Rochelle, NY?

How much does it cost for a family of four to live in New Rochelle? Let’s price out the cost of living for a family of four in New Rochelle.

Let’s say one child is in daycare and the other one is enrolled at New Rochelle’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 1694 square feet home in New Rochelle on a .20 acre lot. They have a 30-year mortgage on their $745,000 home* (loan amount is $596,000) with taxes of $12,193 a year and homeowners insurance of $3600 a year.

Our New Rochelle family owns 1 car. Dad commutes to NYC, he takes the Metro North train to Manhattan. Mom drives to work. And they have a gym membership at a local gym.

According to our New Rochelle Cost of Living Calculator, it will cost $11,134 per month for a family of four to live in New Rochelle. Remember, this does not even include food, family vacations, clothing, entertainment, and other miscellaneous expense!

*Home price, real estate taxes, square feet and lot size is based on an actual home in New Rochelle, 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.

New Rochelle Cost of Living Calculator

Use the New Rochelle Cost of Living Calculator below to find out how much it costs to live in New Rochelle. 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.

If you live in a condominium, keep the Size of Lot in Acres Field at zero

We’ve prefilled the Mortgage loan amount, interest rate, real estate tax, and homeowners insurance, feel free to change it.

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