Housing costs in Washington?
A typical home costs
$564,700, which is 67.0% more expensive than the national average of
$338,100 and 11.5% less expensive than the average District of Columbia home, at
$638,400. Renting a two-bedroom unit in Washington costs
$2,560 per month, which is 39.1% more than the national average of
$1,840 and 28.9% more than the state average of
$1,820.
Can I afford Washington?
To live comfortably in Washington (zip 20005), District of Columbia, a minimum annual income of
$108,360 for a family, and
$90,000 for a single person is recommended.
What does A.I. say about Washington?
In 20005 Washington, DC the cost of living was relatively high compared to other areas. Housing prices were particularly expensive, with median home costs around $500,000. The average rent for a studio apartment in 20005 was approximately $1,200 per month. Additionally, groceries and utilities were costly due to the area’s urban setting and population density. Transportation was also quite expensive due to the city's traffic congestion and parking fees. Generally speaking, overall costs in the area could be considered significantly higher than most other places in the country.