Housing costs in Smithsonian Institute?
A typical home costs
$689,500, which is 103.9% more expensive than the national average of
$338,100 and 8.0% more expensive than the average District of Columbia home, at
$638,400. Renting a two-bedroom unit in Smithsonian Institute costs
$1,770 per month, which is 3.8% cheaper than the national average of
$1,840 and 2.8% cheaper than the state average of
$1,820.
Can I afford Smithsonian Institute?
To live comfortably in Smithsonian Institute (zip 20560), District of Columbia, a minimum annual income of
$132,120 for a family, and
$62,400 for a single person is recommended.
What does A.I. say about Smithsonian Institute?
The cost of living in 20560 Smithsonian Institute, DC is quite high compared to many other areas in the U.S. The median home value in this area is $552,100, nearly double the national average of $219,700. Renting can be expensive as well, with a median rental price of $2,149 per month, more than two and a half times the national average of $898 per month. Overall, the cost of living in 20560 Smithsonian Institute is 44% higher than the U.S. average, so it may not be a great option for those on a tight budget.