CostByCity

Cost of Living in Washington, DC

2024 data from the Bureau of Economic Analysis

Cost Index
108.9
8.9% above avg
Housing Index
151.1
Median Income
$119,803
Median Rent
$1,904/mo

Cost Breakdown

Overall108.9 (+8.9%)
Housing151.1 (+51.1%)
Goods104.8 (+4.8%)
Utilities106.7 (+6.7%)
Other Services102.3 (+2.3%)

National average = 100

Income & Housing

Median Household Income
$119,803/year
Median Home Value
$513,300
Median Monthly Rent
$1,904/mo
Per Capita Income
$59,587/year

Compare Washington, DC With

Frequently Asked Questions

Is Washington, DC expensive to live in?
Washington, DC has a cost of living index of 108.9, which is 8.9% above the national average.
How much does housing cost in Washington, DC?
Housing costs in Washington, DC are indexed at 151.1 compared to the national average of 100. The median monthly rent is $1,904.
What is the average income in Washington, DC?
The median household income in Washington, DC is $119,803 per year.
What is the average home price in Washington, DC?
The median home value in Washington, DC is $513,300.