States › New Jersey › Bridgewater Center

Is Bridgewater Center, NJ expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,93767% higher than U.S. average
💵 Families earn per year (2026)$221,734about $18,478/month · 155% higher than U.S. average
🔑 House price$703,700112% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 98% of U.S. cities. A typical house costs about 3.2 years of household income. Most homes (89%) are owned, so rentals can be hard to find. It is a highly educated city: 60.7% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $117,480 a year. That is $56 an hour at a full-time job.

Is rent cheaper than other New Jersey cities?

No. Rent here is more expensive than in most of New Jersey. It is number 240 of 291 cities from cheapest to most expensive.

Bridgewater Center
$2,937
$2,333
$3,021
$1,751

How much do households earn in Bridgewater Center?

Under $25k
4.7%
$25k–50k
7.9%
$50k–100k
15.8%
$100k–150k
19.2%
$150k+
53.2%

Share of households by yearly income. 72.3% of households earn $100,000 or more.

Rent by apartment size in Bridgewater Center

SizeBridgewater CenterU.S. average
1 bedroom$2,825$1,324
3 bedrooms$3,124$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Bridgewater Center overall?

Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).

Housing
134
Goods (food, clothes…)
107
Utilities
114
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Bridgewater Center, so the New Jersey figure is shown.

Taxes and bills in Bridgewater Center

🏛️ Property tax$10,000+a year · 1.42% of home value · U.S. $3,119
⚡ Electric bill$198a month (typical) · U.S. $156

Life in Bridgewater Center

Commute to work28.4 minU.S.: 26.4 min
College degree60.7%U.S.: 35.7%
Own their home89%U.S.: 65.2%
Below poverty line3.1%U.S.: 12.5%
Unemployment3.1%U.S.: 5.2%

Is it cheaper to rent or buy in Bridgewater Center?

Renting is cheaper right now: about $1,946 a month less.

Renting
$2,937
Owning
$4,883

Owning assumes a typical $703,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $70,370 for the down payment.

Frequently asked questions

What is the average rent in Bridgewater Center, NJ?

Renting in Bridgewater Center costs a median of about $2,937 a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in Bridgewater Center?

To keep rent under 30% of income, you need about $117,480 a year, or $56 an hour at a full-time job.

Is Bridgewater Center cheap or expensive?

Bridgewater Center is rated Cheap: rent takes 15.9% of the typical household income of $221,734. It ranks 240th cheapest of 291 New Jersey cities we track.

How much are property taxes in Bridgewater Center?

The median homeowner in Bridgewater Center pays $10,000+ a year in property taxes, about 1.42% of the median home value.

Is Bridgewater Center more expensive than the national average?

Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Bridgewater Center?

The median home value in Bridgewater Center is $703,700, about 3.2 times the typical yearly household income.

6,505 people live in Bridgewater Center. Numbers are typical (middle) values.