Housing costs in Washington?
A typical home costs
$382,700, which is 13.2% more expensive than the national average of
$338,100 and 40.1% less expensive than the average District of Columbia home, at
$638,400. Renting a two-bedroom unit in Washington costs
$1,330 per month, which is 27.7% cheaper than the national average of
$1,840 and 36.8% cheaper than the state average of
$1,820.
Can I afford Washington?
To live comfortably in Washington (zip 20020), District of Columbia, a minimum annual income of
$73,440 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Washington?
The cost of living in 20020 Washington, DC is high. According to BestPlaces, the cost of living index for the area is 132.81, which is much higher than the US average of 100. Housing costs are particularly expensive with a rent index score of 113.44. Groceries and transportation also tend to be more expensive than other parts of the country, with an index score of 114.96 and 105.99 respectively. However, there are some discounts available in certain areas for students or seniors that can help offset some of these expenses.