Bridgewater, VA Cost Of Living
Cost Of Living In Bridgewater, VA Summary
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 110, with 100 being the average.
The cost of living index in Bridgewater is 1.1x higher than the national average.
Bridgewater ranks as the #63 cheapest in Virginia out of 190.
Bridgewater ranks as the #3,657 cheapest out of 6,489 in the US.
The median home value in Bridgewater is $374,237.
The median income in Bridgewater is $81,012.
Table Of Contents
Bridgewater's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Bridgewater, VA?
According to the most recent data on the cost of living, Bridgewater has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Virginia, Bridgewater has a cost of living index that's 1.0x lower than Virginia's index of 110.
The standard of living in Bridgewater ranks as #63 most affordable out of the 190 places we measured in Virginia. By definition, that implies Bridgewater ranks as the #127 most expensive place in the Old Dominion.
For more reading on life in Bridgewater, check out:
In Virginia
In America
Bridgewater Cost Of Living Vs. Virginia
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 105.
The Groceries index in Bridgewater is 100.
The Health index in Bridgewater is 96.
The Housing index in Bridgewater is 126.
The Transportation index in Bridgewater is 95.
The Utilities index in Bridgewater is 105.
| Living Expense | Bridgewater | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 110 | 110 | 100 | |
| Services | 105 | 101 | 100 | |
| Groceries | 100 | 99 | 100 | |
| Health | 96 | 98 | 100 | |
| Housing | 126 | 130 | 100 | |
| Transportation | 95 | 94 | 100 | |
| Utilities | 105 | 104 | 100 | |
Bridgewater, VA Housing Cost Breakdown
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 2019-2023. The key points are:
The Median Home Value in Bridgewater is $374,237.
The Median Rent in Bridgewater is $1,141.
The Median Income in Bridgewater is $81,012.
The Home Value To Income in Bridgewater is 4.6x.
The Rent To Monthly Income in Bridgewater is 0.17x.
| Statistic | Bridgewater | Virginia | United States |
|---|---|---|---|
| Median Home Value | $374,237 | $404,962 | $303,400 |
| Median Rent | $1,141 | $1,514 | $1,348 |
| Median Income | $81,012 | $90,974 | $78,538 |
| Home Value To Income | 4.6x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Bridgewater, VA Costs By Category
Detailed Bridgewater Services Costs Vs. Virginia
| Item | Bridgewater | Virginia |
|---|---|---|
| Shampoo | $1.71 | $1.28 |
| Movie | $15.32 | $12.13 |
| Bowling | $25.5 | $18 |
| Haircut | $27.97 | $24.26 |
| Beauty Salon | $54.19 | $45.56 |
Detailed Bridgewater Groceries Costs Vs. Virginia
| Item | Bridgewater | Virginia |
|---|---|---|
| Ground Beef | $6.34 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $5.33 | $4.93 |
| Pizza | $12.47 | $12.09 |
| Beer | $11.67 | $10.41 |
| Toothpaste | $3.81 | $3.7 |
Detailed Bridgewater Health Costs Vs. Virginia
| Item | Bridgewater | Virginia |
|---|---|---|
| Optometrist | $121.84 | $125.68 |
| Doctor | $168.85 | $135.78 |
| Dentist | $135.19 | $113.29 |
Detailed Bridgewater Transportation Costs Vs. Virginia
| Item | Bridgewater | Virginia |
|---|---|---|
| Gasoline | $3.49 | $3.46 |
| Tire Balancing | $57.76 | $59.92 |
Detailed Bridgewater Utilities Costs Vs. Virginia
| Item | Bridgewater | Virginia |
|---|---|---|
| All Electricity | $201.35 | $193.99 |
| Phone | $184.83 | $192.25 |
Bridgewater SnackAbility
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Cost Of Living In Cities Around Bridgewater
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 104, 0.9x Bridgewater.
Charlottesville, VA has a cost of living index of 121, 1.1x Bridgewater.
Staunton, VA has a cost of living index of 99, 0.9x Bridgewater.
| City | Population | Cost Of Living | Vs. Bridgewater |
|---|---|---|---|
| Harrisonburg, VA | 51,492 | 104 | 0.9x |
| Charlottesville, VA | 45,863 | 121 | 1.1x |
| Staunton, VA | 25,765 | 99 | 0.9x |
| Waynesboro, VA | 22,574 | 97 | 0.9x |
| Stuarts Draft, VA | 11,920 | 104 | 0.9x |
| Lake Monticello, VA | 10,820 | 112 | 1.0x |
| Lexington, VA | 7,420 | 104 | 0.9x |
| Massanetta Springs, VA | 6,028 | 128 | 1.2x |
| Woodstock, VA | 5,851 | 104 | 0.9x |
