Housing costs in Washington?
A typical home costs
$679,700, which is 101.0% more expensive than the national average of
$338,100 and 6.5% more expensive than the average District of Columbia home, at
$638,400. Renting a two-bedroom unit in Washington costs
$2,720 per month, which is 47.8% more than the national average of
$1,840 and 33.1% more than the state average of
$1,820.
Can I afford Washington?
To live comfortably in Washington (zip 20009), District of Columbia, a minimum annual income of
$130,320 for a family, and
$95,600 for a single person is recommended.
What does A.I. say about Washington?
The cost of living in 20009 Washington, DC is higher than most places in the US. The median home value is $607,200 and the median household income is $77,649. This makes Washington, DC a relatively expensive place to live. All housing costs are high, including rent prices averaging around $3,000 per month for an apartment. Groceries cost more here as well with the average price of a grocery item costing about 25% more than the national average. Additionally, the area has one of the highest costs for transportation and utilities in America, so those living in 20009 should budget accordingly.