washington, DC for sale "1975" - craigslist (2024)

FAQs

How to live in DC cheaply? ›

You should plan to spend around $155 per day on your vacation in Washington, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, $30 on meals for one day and $37 on local transportation. Also, the average hotel price in Washington for a couple is $181.

Living in Washington DC has its fair share of pros and cons. On the positive side, the city offers a rich cultural scene, with world-class museums, theaters, and historical landmarks. The job market is also strong, given the presence of numerous government agencies, international organizations, and tech companies.

Washington, DC housing is 140% more expensive than the U.S average, while utilities are about 10% pricier. When it comes to basic necessities such as food and clothing, groceries are around 17% more in Washington, DC than in the rest of the country, while clothing costs around 17% more .

To live comfortably in U.S. capital, you'll need to earn around $143,200 if you're paying a mortgage and $122,900 if you're renting.

Planning to cook some meals or buying groceries can help reduce costs. A rough estimate for food expenses could be around $30 to $50 per day. Transportation: Washington, D.C., has a comprehensive public transportation system, including buses and the Metrorail subway system.

Stress can be a healthy motivator or, for many, an emotional and physical grind that can potentially lead to health issues. For those in D.C., stress is probably something that is all too familiar. In a report published by WalletHub earlier this month, the District ranked 35th on a list of 182 stressed-out U.S. cities.

Is Washington DC a good place for seniors to live? ›

Living in Washington DC as a retiree, though, has a number of advantages including world class hospitals, a solid public transportation network, and cosmopolitan restaurants and, of course, plenty of attractions.

The average Washington home value is $619,321, down 1.2% over the past year.

Mississippi: According to World Population Review, in 2023, Mississippi holds the title of the cheapest state to live in the United States. Its cost of living index is 85, and overall costs in the state are 17% lower than the national average.

According to the U.S. Census Bureau, the median household income in Washington DC is $93,547. However, the recommended salary in Washington DC is $5,953.33 per month or $71,440 annually.

DC has a mix of population. There are many who can afford $1M+ houses but there many more who cannot. Lawyers, doctors, some really big federal contractors who have multiple people employed on long term contracts can easily afford high end houses. Professionals who work 2-3 jobs including moonlighting can also afford.

The gold standard for budgeting is that your housing cost, such as rent or mortgage payments, shouldn't exceed 30% of your monthly income before taxes. The rent for a two-bedroom apartment in Washington, DC is $1,786, so a DC resident should make at least $5,953.33 monthly or $71,440 annually before taxes.

DC Government employees can receive both down payment and closing cost assistance, up to a $20,000 loan, to purchase a single family home, condominium, or cooperative unit in the District. You can also receive a matching grant—funds you don't have to pay back—of up to $5,000.