Housing costs in Washington?
A typical home costs
$655,600, which is 93.9% more expensive than the national average of
$338,100 and 2.7% more expensive than the average District of Columbia home, at
$638,400. Renting a two-bedroom unit in Washington costs
$2,370 per month, which is 28.8% more than the national average of
$1,840 and 23.2% more than the state average of
$1,820.
Can I afford Washington?
To live comfortably in Washington (zip 20037), District of Columbia, a minimum annual income of
$125,640 for a family, and
$83,200 for a single person is recommended.
What does A.I. say about Washington?
The cost of living in 20037 Washington, DC is extremely high. The median home value is over $550,000, with rent prices averaging around $2,700 a month for a one bedroom apartment. Groceries and utilities are also more expensive than the national average and the city has some of the highest sales taxes in the country. However, residents are able to take advantage of numerous cultural attractions and other amenities that make DC an attractive place to live.