Bridgewater, MI Cost of Living


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Bridgewater cost of living score
105.5
More expensive
5.5% higher
than the US average
15.3% higher
than the Michigan average
Bridgewater, Michigan gets a BestPlaces Cost of Living score of 105.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.5% higher than the U.S. average and 15.3% higher than the average for Michigan.

Bridgewater, MI

Housing costs in Bridgewater?
A typical home costs $355,400, which is 5.1% more expensive than the national average of $338,100 and 62.5% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Bridgewater costs $1,140 per month, which is 20.3% cheaper than the national average of $1,430 and 3.5% more than the state average of $1,100.

Can I afford Bridgewater?
To live comfortably in Bridgewater, Michigan, a minimum annual income of $68,040 for a family, and $37,600 for a single person is recommended.

What does A.I. say about Bridgewater?
The cost of living in Bridgewater, MI is relatively low compared to other areas of the country. The median home price is just over $90,000 and the median monthly rent is $850. There are also various options for public transportation within the city, including a bus system and taxi services. In addition, there are several grocery stores, restaurants, and retailers located throughout the town that provide an affordable way to shop for essentials. Furthermore, taxes are lower than most surrounding towns and cities. All in all, Bridgewater provides a great balance of affordability and convenience for its residents.
   Cost of living score
     CategoriesBridgewaterMichiganUnited States
  105.591.5100.0
  9793.4100
  80.984.8100.0
  121.771.2100.0
  $355,400$218,700$338,100
  100.3%100.1%100.0%
  117.6115.1100.0
  130.895.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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