Cost of Living in Bridgewater, VA
Housing
The housing market plays a significant role in determining the cost of living in Bridgewater, VA.
- Housing Index: 98.0 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1380 per month
- Average Rent (2 BR House): $1500 per month
When considering a move to Bridgewater, VA, it's essential to analyze the housing options available. With a housing index of 98.0, it indicates a moderate cost of living. The average rent for a two-bedroom apartment is 1380, while a two-bedroom house averages 1500. However, the lack of a median home price suggests a potential challenge in purchasing, highlighting a rental market that is more accessible. This scenario may appeal to renters, but those looking to buy should proceed cautiously and research other property values surrounding the area for a broader understanding.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bridgewater, VA.
- Electricity Price: $15.31 USD (median by state)
- Natural Gas Price: $19.91 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Bridgewater, VA could entail higher utility costs. Electricity costs sit at $15.31, while natural gas is priced at $19.91 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bridgewater is a financially viable option for your relocation.