Did the Cost of Living in Washington, DC increase in 2020? Washington, DC area prices were up 1.3% from a year ago. The largest increases were found in Transportation, Food, and Housing.
By using Salary.com's Cost of Living Calculator, you can make a cost of living comparison of the Consumer Price Index (CPI) and salary differentials of over 300+ US cities. Let us help you make an informed decision about what it will cost to live and work in the city of your dreams!
About Washington, District of Columbia Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area....More
Based on this cost of living comparison, you can see:
If you move from Chicago IL, Dallas, TX, or Miami, FL, the percent increase of your cost of living could be 22.8%, 37.8%, and 24.8%. Looks like this move could have a negative net change in disposable income, so please think carefully!
If you move from New York, NY, San Francisco, CA, or Washington, DC, the percent reduction of your cost of living could be -43.50%, -23%, and -20.10%, that's good news to you that you could be looking at a positive net change in disposable income.
About Washington, DC
Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area of 68.34 square miles (177.0 km2), of which 61.05 square miles (158.1 km2) is land and 7.29 square miles (18.9 km2) (10.67%) is water. The District is bordered by Montgomery County, Maryland to the northwest; Prince George's County, Maryland to the east; Arlington County, Virginia to the south; and Alexandria, Virginia to the west.
The south bank of the Potomac River forms the District's border with Virginia and has two major tributaries: the An...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Comments about the Cost of Living in Washington, DC
What stores are known for lower grocery prices?
Stores like Amazon are known to offer low prices. Shopping there can considerably reduce cost of living, as the prices in grocery stores can vary a lot. (2020-04-27salary.com)
I love to go to sports events, what does Washington, DC have to offer?
If you love sports, you will love Washington, DC! Since there are football, baseball, basketball, hockey teams, you can go to a lot of games. Keep in mind that the tickets tend to be expensive, so you need to manage your entertainment budget carefully. Sometimes you can get discount tickets on line. Some people purchase a season ticket with a group of friends and take turns going to the games. Sports tickets can increase your cost of living in Washington, DC, but if you are a true sports fan it is worth it. In Washington, DC, the games are usually shown on local TV and you can host a party of friends and watch the game together. (2020-04-27salary.com)
Are there any good ways to save money on Cable TV and internet service in Washington, DC?
The average cost of internet access in the U.S. is $66.20 per month. There are many providers and various packages that are offered, many that bundle internet, cable, and phone together. Pricing for various packages can vary a lot even in the same location. You should evaluate the options based on your usage and preferences and pick the best fit for your needs. One tip to reduce this cost and your overall cost of living, is to get cable service from another source like Direct TV, Netflix, Sling, Amazon Prime or others. (2020-04-27salary.com)
I am nervous about moving, what is the typical cost of moving to another city and what should I have to think about?
The average cost of moving to another state is around $5,600 for a distance of 1,200 miles. This price can vary a lot if the distance is greater and depending on how much is being moved. Even if your employer is covering the cost of a move, there will still be costs that are not covered. A cost that typically occurs is that your existing furniture and accessories are either too large, too small, or not appropriate for your new home. You may find that after you move, you will need to purchase many new items for the new location, for example, window coverings, rugs, lighting, and outdoor gear. Make sure you budget for these types of expenses and include them in the first year’s cost of living at your new location. Finally, although there is no dollar cost, is the stress of moving, which will increase if you have children or pets. Make sure you prepare in advance for what additional TLC those kids and pets will need to have a good move. (2020-04-27salary.com)
Are there any tips that will help make the move to Washington, DC easier for my child?
Make sure your child has a favorite toy, doll, game, clothing, blanket, snacks, etc. to take with them during the transition. Once you arrive, let your child help with arranging and decorating their new room. You may be tempted to unpack everything when you arrive, but make sure you take a break from unpacking to spend time playing and relaxing with your child. Plan on packing a special bag to take with you with those items that you will need first. Towels, soap, a few basic kitchen utensils and food items like crackers, tea, juice, will make your new location functional as soon as you arrive and fell more like home. A small new toy, book, or video that you give to your child when you arrive might help them to feel happy and relaxed in the new location. (2020-04-27salary.com)
How do rental housing prices in Washington, DC impact the overall cost of living?
In Washington,DC, my friend pays $1545 for a large 2 bedroom apartment. Since he has 2 children, he needs to have a large apartment. (2020-04-27salary.com)
I need to keep my cost of living under control, is there a lot to do in Washington, DC that is not very expensive?
Because Georgetown University, George Washington, American, Howard, George Mason is located in Washington, there is a large student population. This is great, even if you are not a student, since there are always lots of free or cheap events to go to and plenty of cheap places to eat. Familiarize yourself with the places where students hang out, and take advantage of discounted or bargain prices, you are sure to be able to keep your cost of living reasonable. (2020-04-27salary.com)
I know there are many types of taxes that contribute to the cost of living in Washington, DC, will the overall tax expense be high or low?
Good question. Based on Individual income taxes (which you will pay on earnings), Sales taxes (pay for your purchases), property taxes (on your home or indirectly on your rent), unemployment insurance taxes (from your income), and general business taxes (impacting employers ability to offer jobs and good pay), in Washington, the overall tax climate compared to the rest of the country is the fifth higest. (2020-04-27salary.com)
Is there good public transportation in Washington, DC?
You are in luck! Washington, DC is ranked NO. 1 in the U.S. for public transportation quality. Having a good public transit system to use will reduce travel expenses and your overall cost of living. (2020-04-27salary.com)
How difficult is it to drive in Washington, DC?
If you are planning to drive to work, you will be spending a lot of time and gas to get there. Washington, DC is one of the Worst cities in the United States for driving. Washington, DC is ranked number 90 out of 100 major cities. Plan on spending more on gas and auto expenses if you move to Washington, DC, resulting in a higher cost of living. (2020-04-27salary.com)
What is the average commute time in Washington, DC?
In Washington, DC, the average commute time is about 41.63 minutes. This can vary depending on the time of day, day of week, and the weather and road conditions. If the weather is bad, commute time can double! You should factor this commuting time into your overall cost of living, since your time has value. (2020-04-27salary.com)
Cost of Living Frequently Asked Questions
What is a Cost of Living index and how is it used?
In the simplest terms, a Cost of Living index is the estimated amount that represents the cost of the basic necessities required for an individual to live. A cost of living or COL estimate may typically include estimates for housing, food, energy, medical care, transportation, taxes, and other necessities. A COL index may be used to measure what the cost difference would be for a person living in a certain location compared to another location. This cost of living comparison helps individuals make decisions about where they would like to live and what they can afford based on the costs in that location. A cost of living comparison can provide guidance about how an increase or decrease in these basic living expenses impacts necessary spending for an individual or a family.
What factors are included in estimating your cost of living?
The Salary.com cost of living calculator estimate is based on data related to five general categories: housing, food, healthcare, transportation, and energy. These are the universally recognized core components of any cost of living estimate and represent those expenses that apply to everyone. Obviously, there may be other factors that could contribute to your particular cost of living situation and not everyone has the same spending habits. For example, education and/or childcare costs might not apply to everyone, but for those who have those expenses, they could be significant and should be considered when you evaluate your cost of living comparison.
The Salary.com cost of living calculator is unique in that it also incorporates current salary data for thousands of jobs specific to a chosen home or work location to provide a more refined estimate of the cost of living variations. You can see how your job and your salary will be impacted by a change of location. If you live in one location but work in another, the cost of living calculator will make those adjustments to provide an accurate estimate of the change in COL. The Salary.com cost of living calculator helps you to make cost of living comparisons cost comparisons easily and quickly.