Housing costs in Bridgewater?
A typical home costs
$102,400, which is 69.7% less expensive than the national average of
$338,100 and 47.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Bridgewater costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 32.9% cheaper than the state average of
$930.
Can I afford Bridgewater?
To live comfortably in Bridgewater (zip 50837), Iowa, a minimum annual income of
$19,800 for a family, and
$21,200 for a single person is recommended.
What does A.I. say about Bridgewater?
The cost of living in 50837 Bridgewater, IA is quite affordable. According to the city's most recent data, the average home price in this area is just over $180,000, which is significantly lower than the national average. Additionally, groceries and housing expenses are also more affordable compared to other cities in the United States. Sales taxes are slightly higher than some other places but overall, it is still considered an economical place to live. The median household income is about $56,000 per year and the median family income is about $61,000 per year. With all these factors combined, residents of 50837 Bridgewater can enjoy a comfortable life at a relatively low cost of living.