Washington, District of Columbia
- The cost of living is 58.8 percentage points higher than the U.S. average
- The population of the city: 701,974
- The median income of a household: is $90,842
- Median home value: $618,100
- Rate of unemployment: 5.4%
The capital of the United States is an amalgamation of two cities about the cost of living. Housing-related costs, such as rents and mortgages, are the most significant burden at 2.6 times higher than the national average per the Cost of Living Index; however, other costs aren’t as bad. Indeed, D.C. healthcare costs are a bit lower than the average for the nation.
The cost of utilities and groceries is around 11% less than those in the U.S. Transport costs aren’t burdensome either. The metro and bus system makes travelling around and to and around the District of Columbia affordable. Its Circulator bus, for instance, costs only $1, and the routes go to the most popular destinations, including Georgetown, Union Station and the National Mall.
Many museums and historic locations are available for free exploration. Also, there are numerous museums and historical sites to visit.
As it happens, the average cost of a house in D.C. is $1.1 million. The average rent for a home is $3,085 per month, which is $1,852 a month higher than the average national.
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