Housing costs in Washington?
A typical home costs
$707,400, which is 109.2% more expensive than the national average of
$338,100 and 10.8% more expensive than the average District of Columbia home, at
$638,400. Renting a two-bedroom unit in Washington costs
$1,810 per month, which is 1.6% cheaper than the national average of
$1,840 and close to the state average of
$1,820.
Can I afford Washington?
To live comfortably in Washington (zip 20002), District of Columbia, a minimum annual income of
$135,720 for a family, and
$63,600 for a single person is recommended.
What does A.I. say about Washington?
In 20002 Washington, DC, the cost of living is higher than average. According to BestPlaces, the city’s current cost of living index is 121.4, which is 21.4% higher than the national average of 100. Rent in 20002 Washington, DC is significantly more expensive compared to other cities in the United States; the median rent for a one-bedroom apartment is approximately $1,850 per month. Groceries are also more expensive than average; BestPlaces estimates an average monthly grocery bill to be around $350 for a single person. Additionally, transportation costs are higher than average as well with public transportation costing around $150 per month for an unlimited monthly pass and gas prices averaging around $3 per gallon.