States › District of Columbia › Washington

Is Washington, DC expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,37035% higher than U.S. average
💵 Families earn per year (2026)$118,495about $9,875/month · 36% higher than U.S. average
🔑 House price$737,100122% higher than U.S. average

Washington is the largest city in District of Columbia that we track, with 681,294 residents. Rent is higher than in 82% of U.S. cities. A typical house costs about 6.2 years of household income, so buying is hard for most locals. Most households rent (59%), so there are plenty of rental options. It is a highly educated city: 64.2% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $94,800 a year. That is $46 an hour at a full-time job.

Is rent cheaper than other District of Columbia cities?

No. Rent here is more expensive than in most of District of Columbia. It is number 1 of 1 cities from cheapest to most expensive.

Washington
$2,370

Compare Washington with other big cities

vs New Yorkvs Los Angelesvs Chicagovs Houstonvs Cape Coralvs Fontanavs Riversidevs Yonkersvs Hialeahvs Scottsdalevs Long Beachvs Seattle

Compare Washington to 149 other cities →

How much do households earn in Washington?

Under $25k
9.9%
$25k–50k
12.6%
$50k–100k
25.3%
$100k–150k
18.3%
$150k+
26.7%

Share of households by yearly income. 45.0% of households earn $100,000 or more.

Rent by apartment size in Washington

SizeWashingtonU.S. average
Studio$1,841$1,338
1 bedroom$2,045$1,324
2 bedrooms$2,192$1,509
3 bedrooms$2,634$1,698
4 bedrooms$3,545$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Washington overall?

Everyday prices in the Washington-Arlington-Alexandria metro area are 9% above the U.S. average (index 108.9, U.S. = 100).

Housing
151
Goods (food, clothes…)
105
Utilities
107
Other services
102
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Washington

🏛️ Property tax$4,312a year · 0.58% of home value · U.S. $3,119
⚡ Electric bill$96a month (typical) · U.S. $156

Life in Washington

Commute to work30 minU.S.: 26.4 min
College degree64.2%U.S.: 35.7%
Own their home41.5%U.S.: 65.2%
Below poverty line15.4%U.S.: 12.5%
Unemployment6.3%U.S.: 5.2%

What jobs pay in Washington

JobMedian payRent / pay
Lawyer$195,19014.6%
Operations Manager$156,46018.2%
Software Developer$154,93018.4%
Pharmacist$150,54018.9%
Physician Assistant$148,20019.2%
Nurse Practitioner$134,84021.1%
Computer Systems Analyst$127,04022.4%
Dental Hygienist$119,17023.9%
Registered Nurse$102,71027.7%
Accountant$102,14027.8%
Civil Engineer$101,78027.9%
Market Research Analyst$87,16032.6%
Police Officer$84,00033.9%
Elementary School Teacher$79,47035.8%
Electrician$75,93037.5%
Licensed Practical Nurse$75,86037.5%
HVAC Technician$71,92039.5%
Plumber$71,86039.6%
Firefighter$66,98042.5%
Carpenter$60,80046.8%
Truck Driver$59,82047.5%
Medical Assistant$46,64061.0%
Customer Service Representative$46,22061.5%
Server (Waiter/Waitress)$46,04061.8%
Nursing Assistant$45,73062.2%
Restaurant Cook$42,92066.3%
Warehouse Worker$42,59066.8%
Retail Salesperson$36,61077.7%
Cashier$35,47080.2%

Is it cheaper to rent or buy in Washington?

Renting is cheaper right now: about $2,744 a month less.

Renting
$2,370
Owning
$5,114

Owning assumes a typical $737,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $73,710 for the down payment.

Frequently asked questions

What is the average rent in Washington, DC?

Renting in Washington costs a median of about $2,370 a month in 2026, including utilities. The District of Columbia median is $2,370.

How much do I need to make to live in Washington?

To keep rent under 30% of income, you need about $94,800 a year, or $46 an hour at a full-time job.

Is Washington cheap or expensive?

Washington is rated OK: rent takes 24.0% of the typical household income of $118,495. It ranks 1st cheapest of 1 District of Columbia cities we track.

How much are property taxes in Washington?

The median homeowner in Washington pays $4,312 a year in property taxes, about 0.58% of the median home value.

Is Washington more expensive than the national average?

Overall prices in the metro area are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Washington?

The median home value in Washington is $737,100, about 6.2 times the typical yearly household income.

681,294 people live in Washington. Numbers are typical (middle) values.