Housing costs in Washington?
A typical home costs
$817,000, which is 141.6% more expensive than the national average of
$338,100 and 28.0% more expensive than the average District of Columbia home, at
$638,400. Renting a two-bedroom unit in Washington costs
$2,780 per month, which is 51.1% more than the national average of
$1,840 and 34.5% more than the state average of
$1,820.
Can I afford Washington?
To live comfortably in Washington (zip 20003), District of Columbia, a minimum annual income of
$156,600 for a family, and
$97,600 for a single person is recommended.
What does A.I. say about Washington?
In 20003 Washington DC, the cost of living is relatively high compared to other parts of the country. The median home price in this zip code is around $749,000 which is significantly higher than the national median of $219,700. Renters can expect to pay an average of $2,200 per month for a one-bedroom apartment and $3,400 for a two-bedroom. Groceries, transportation costs, and utilities also tend to be more expensive than the national average. Despite the high cost of living in this zip code, it remains a desirable place to live due to its proximity to downtown Washington DC and its vibrant local community.