Counties › District of Columbia

Cost of Living in District of Columbia, DC

Population 681,294 · Census ACS 2020–2024 5-year estimates

Median rent$1,954
Median home value$737,100
Median household income$109,870

The median rent in District of Columbia, DC is $1,954/month, about the same as the District of Columbia median and 38% higher than the U.S. median. The median home value is $737,100, 122% higher than the national median. Households earn a median of $109,870 a year, about the same as the state median.

Affordability

Rent as a share of median income: 21.3%
Income needed for median rent (30% rule): $78,160/yr
Home price-to-income ratio: 6.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,727/mo

Run your own numbers: mortgage calculator · hourly to salary

District of Columbia vs. District of Columbia vs. U.S.

District of ColumbiaDistrict of ColumbiaU.S.
Median rent$1,954$1,954$1,413
Median home value$737,100$737,100$332,700
Median household income$109,870$109,870$80,734
Homeownership rate41.5%41.5%65.2%
Bachelor's degree or higher64.2%64.2%35.7%
Poverty rate15.4%15.4%12.5%
Unemployment rate6.3%6.3%5.2%
Work from home33.0%33.0%15.1%
Median age34.934.938.9

FAQ

What is the average rent in District of Columbia, DC?

The median gross rent in District of Columbia, DC is $1,954 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in District of Columbia, DC?

Using the common 30% rule, renting a median-priced home takes about $78,160 a year in gross income.

Is District of Columbia, DC expensive to live in?

Rent there is 38% higher than the U.S. median, and the median home costs about 6.7 times the median household income.

Other counties in District of Columbia

Counties with a similar cost of living

Summit County, CORent $1,928 · Income $109,773Snohomish County, WARent $1,949 · Income $111,246St. Johns County, FLRent $1,922 · Income $109,839Rockland County, NYRent $1,901 · Income $109,959Fayette County, GARent $1,898 · Income $111,978Routt County, CORent $1,917 · Income $106,489

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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