Are you a renter? If so, what’s your monthly paycheck pain for the rent?
DC has been a popular destination ever since the financial crisis and 2008 recession — there are jobs here when the rest of the country is hurting. (Thanks, Uncle Sam!). In addition, downtown DC has become very popular in the last decade (and what’s more popular than the Borderstan area?). Put these two factors together and you have a tight rental market with rising rents.
So… how much do you pay a month? If you have a roommate, significant other or spouse, only figure what you owe — not the total amount for your abode.