Housing costs in Washington?
A typical home costs
$688,800, which is 103.7% more expensive than the national average of
$338,100 and 7.9% more expensive than the average District of Columbia home, at
$638,400. Renting a two-bedroom unit in Washington costs
$1,470 per month, which is 20.1% cheaper than the national average of
$1,840 and 23.8% cheaper than the state average of
$1,820.
Can I afford Washington?
To live comfortably in Washington (zip 20011), District of Columbia, a minimum annual income of
$132,120 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Washington?
In 2011, the cost of living in Washington, DC was slightly higher than the national average. Housing costs in particular were high, with median rents on two-bedroom apartments reaching up to $2,000 a month and median home prices easily exceeding $400,000. Other expenses, such as transportation and food costs, were slightly above the national average as well, making living in DC an expensive proposition for most people.