Housing costs in Washington-Arlington-Alexandria?
A typical home costs
$544,200, which is 61.0% more expensive than the national average of
$338,100 and 14.8% less expensive than the average District of Columbia home, at
$638,400. Renting a two-bedroom unit in Washington-Arlington-Alexandria costs
$1,820 per month, which is 27.3% more than the national average of
$1,430 and close to the state average of
$1,840.
Can I afford Washington-Arlington-Alexandria?
To live comfortably in Washington-Arlington-Alexandria District of Colum Metro Area, District of Columbia, a minimum annual income of
$104,400 for a family, and
$63,600 for a single person is recommended.
What does A.I. say about Washington-Arlington-Alexandria?
Living in the Washington-Arlington-Alexandria, DC Metro Area can be expensive. The median house value there is $544,200, which is significantly higher than the US average of $338,100. In addition to this, the cost of living in the area is also higher compared to other parts of the country; it has an index score of 137.5 while the US average is 100. This means that those who live in this area must expect to pay more for specific goods and services than those living elsewhere.