Washington, DC Cost of Living (2024): How Expensive Is It?

What salary do you need to live in Washington, DC?

Overall, on average, a gross annual salary of $96,526 is required for an average quality of life in Washington, DC.

Does Washington, DC have a high cost of living?

Washington, DC is ranked 320th out of the top 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of the most expensive cities in which to live in the U.S. Washington, DC's average monthly rent is 31% higher than than the U.S. average cost of rent.

Is $75K a good salary in Washington, DC?

A gross annual salary of $75,000 in Washington, DC will yield an average annual net salary of $62,490. Considering that the total average annual cost of living in Washington, DC is $66,910, a gross annual salary of $75,000 will be insufficient to cover average living costs.

How much should I pay for rent in Washington, DC?

The average monthly rent in Washington, DC in the city center is $2,406 for a 1 bedroom apartment, $3,205 for a 2 bedroom apartment and $4,002 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,906 for a 1 bedroom apartment, $2,502 for a 2 bedroom apartment and $3,002 for a 3 bedroom apartment.