Cost of living in Bridgewater research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Bridgewater is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Virginia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Bridgewater is 103, with 100 being the average.
The cost of living index in Bridgewater is 1.0x higher than the national average.
Bridgewater ranks as the #60 cheapest in Virginia out of 186.
Bridgewater ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Bridgewater is $279,600.
The median income in Bridgewater is $66,847.
According to the most recent data on the cost of living, Bridgewater has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Virginia, Bridgewater has a cost of living index that's 1.0x higher than Virginia's index of 102.
The standard of living in Bridgewater ranks as #60 most affordable out of the 186 places we measured in Virginia. By definition, that implies Bridgewater ranks as the #126 most expensive place in the Old Dominion.
For more reading on life in Bridgewater, check out:
Six factors go into calculating the cost of living index in Bridgewater. Here is how it fairs on each of the criteria:
The Services index in Bridgewater is 107.
The Groceries index in Bridgewater is 101.
The Health index in Bridgewater is 108.
The Housing index in Bridgewater is 106.
The Transportation index in Bridgewater is 87.
The Utilities index in Bridgewater is 102.
Living Expense | Bridgewater | Virginia | National Average | |
---|---|---|---|---|
Overall | 103 | 102 | 100 | |
Services | 107 | 102 | 100 | |
Groceries | 101 | 98 | 100 | |
Health | 108 | 102 | 100 | |
Housing | 106 | 107 | 100 | |
Transportation | 87 | 95 | 100 | |
Utilities | 102 | 102 | 100 |
Housing swings affordability the most between places in Virginia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Bridgewater is $279,600.
The Median Rent in Bridgewater is $972.
The Median Income in Bridgewater is $66,847.
The Home Value To Income in Bridgewater is 4.2x.
The Rent To Monthly Income in Bridgewater is 0.17x.
Statistic | Bridgewater | Virginia | United States |
---|---|---|---|
Median Home Value | $279,600 | $295,500 | $244,900 |
Median Rent | $972 | $1,326 | $1,163 |
Median Income | $66,847 | $80,615 | $69,021 |
Home Value To Income | 4.2x | 3.7x | 3.5x |
Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
Item | Bridgewater | Virginia |
---|---|---|
Shampoo | $0.99 | $1.06 |
Movie | $12.32 | $10.68 |
Bowling | $16.25 | $14.67 |
Haircut | $15.5 | $18.62 |
Beauty Salon | $47.93 | $39.05 |
Item | Bridgewater | Virginia |
---|---|---|
Ground Beef | $3.94 | $4.22 |
Fried Chicken | $1.28 | $1.39 |
Milk | $2.18 | $2.05 |
Potatoes | $3.08 | $3.29 |
Pizza | $11.55 | $10.62 |
Beer | $10.12 | $9.38 |
Toothpaste | $2.47 | $2.34 |
Item | Bridgewater | Virginia |
---|---|---|
Optometrist | $111.83 | $108.57 |
Doctor | $116.67 | $116.17 |
Dentist | $120.0 | $99.13 |
Item | Bridgewater | Virginia |
---|---|---|
Gasoline | $2.09 | $2.22 |
Tire Balancing | $36.5 | $50.07 |
Item | Bridgewater | Virginia |
---|---|---|
All Electricity | $177.06 | $167.67 |
Phone | $177.97 | $175.64 |
The cost of living varies in the cities and towns around Bridgewater. Here's a quick look at the cost of living in the most populous nearby places:
Harrisonburg, VA has a cost of living index of 100, 1.0x Bridgewater.
Charlottesville, VA has a cost of living index of 111, 1.1x Bridgewater.
Staunton, VA has a cost of living index of 99, 1.0x Bridgewater.
City | Population | Cost Of Living | Vs. Bridgewater |
---|---|---|---|
Harrisonburg, VA | 52,062 | 100 | 1.0x |
Charlottesville, VA | 46,597 | 111 | 1.1x |
Staunton, VA | 25,358 | 99 | 1.0x |
Waynesboro, VA | 22,149 | 96 | 0.9x |
Stuarts Draft, VA | 11,954 | 95 | 0.9x |
Lake Monticello, VA | 10,438 | 110 | 1.1x |
Lexington, VA | 7,287 | 102 | 1.0x |
Massanetta Springs, VA | 6,132 | 124 | 1.2x |
Woodstock, VA | 5,716 | 98 | 1.0x |