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Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.
I'd much rather pay $500/mo in rent than $1,000. And I'd rather pay $2 for coffee than $5.
And while every neighbhorhood in Washington might be more expensive than living in rural Washington Dc, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Washington neighborhoods where your dollar goes a little further -- you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Washington are the cheapest.
The Cheapest Neighborhoods In Washington For 2022
What's the cheapest neighborhood to live in Washington for 2022? According to the most recent census data, Takoma Park looks to be the cheaptest Washington neighborhood to live in.
At this point we should make it clear that you do get what you pay for -- some of these neighborhoods might not be the best places to live in Washington. You could be sacrificing location or crime rates in return for more space and cheaper groceries.
Read on to see how we determined the places around Washington that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in Washington.
Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.
For more Washington Dc reading, check out:
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The 10 Cheapest Neighborhoods To Live In Washington For 2022
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Population: 5,302
Cost Of Living Index: 173 (2cheapest)
Home Value To Income Ratio: 4.9 (2nd cheapest)
Rent To Income Ratio: 0.006 (cheapest)
More on Takoma Park: Homes For Sale | Data
/10
Population: 57,481
Cost Of Living Index: 143 (8th cheapest)
Home Value To Income Ratio: 5.6 (14th cheapest)
Rent To Income Ratio: 0.014 (9th cheapest)
More on Catholic University-Brookland: Homes For Sale | Data
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Population: 11,100
Cost Of Living Index: 137 (4th cheapest)
Home Value To Income Ratio: 5.1 (4th cheapest)
Rent To Income Ratio: 0.019 (28th cheapest)
More on South West: Homes For Sale | Data
/10
Population: 13,768
Cost Of Living Index: 158 (10th cheapest)
Home Value To Income Ratio: 5.4 (9th cheapest)
Rent To Income Ratio: 0.017 (17th cheapest)
More on Logan Circle: Homes For Sale | Data
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Population: 8,132
Cost Of Living Index: 143 (8th cheapest)
Home Value To Income Ratio: 3.9 (cheapest)
Rent To Income Ratio: 0.019 (27th cheapest)
More on Downtown: Homes For Sale | Data
/10
Population: 24,123
Cost Of Living Index: 139 (6th cheapest)
Home Value To Income Ratio: 5.9 (18th cheapest)
Rent To Income Ratio: 0.015 (13th cheapest)
More on Fort Totten-Upper Northeast: Homes For Sale | Data
/10
Population: 12,937
Cost Of Living Index: 165 (18th cheapest)
Home Value To Income Ratio: 4.9 (3rd cheapest)
Rent To Income Ratio: 0.017 (16th cheapest)
More on Glover Park: Homes For Sale | Data
/10
Population: 29,798
Cost Of Living Index: 112 (2nd cheapest)
Home Value To Income Ratio: 5.3 (6th cheapest)
Rent To Income Ratio: 0.02 (3cheapest)
More on Deanwood: Homes For Sale | Data
/10
Population: 17,154
Cost Of Living Index: 160 (14th cheapest)
Home Value To Income Ratio: 5.2 (5th cheapest)
Rent To Income Ratio: 0.018 (22nd cheapest)
More on Adams Morgan: Homes For Sale | Data
/10
Population: 117,488
Cost Of Living Index: 111 (cheapest)
Home Value To Income Ratio: 5.4 (8th cheapest)
Rent To Income Ratio: 0.025 (33rd cheapest)
More on Anacostia: Homes For Sale | Data
Methodology: How We Determined The Cheapest Washington Hoods In 2022
In order to rank the cheapest places to live in Washington, we had to determine what criteria defines "cheap".
Using census and extrapolated BLS data, we arrived at the following set of criteria:
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 34 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the "Cheapest City Neighborhood In Washington." We're lookin' at you, Takoma Park.
Read on below to learn more about what it's like to live in the cheapest places Washington. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.
Summary: Lowest Cost Places To Live In Washington
If you're measuring the neighborhoods in Washington where prices are low and it's cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Washington aren't all cheap. Foxhall Village takes the title of the most expensive neighborhood to live in Washington.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Washington Dc reading, check out:
Detailed List Of The Cheapest Neighborhoods To Live In Washington For 2022
Rank | Neighborhood | Cost Of Living Index |
---|---|---|
1 | Takoma Park | 173 |
2 | Catholic University-Brookland | 143 |
3 | South West | 137 |
4 | Logan Circle | 158 |
5 | Downtown | 143 |
6 | Fort Totten-Upper Northeast | 139 |
7 | Glover Park | 165 |
8 | Deanwood | 112 |
9 | Adams Morgan | 160 |
10 | Anacostia | 111 |
11 | Au-Tenleytown | 206 |
12 | Stadium-Armory | 137 |
13 | Cleveland Park | 187 |
14 | Capitol Hill | 161 |
15 | Dupont Circle | 160 |
16 | Friendship Heights | 193 |
17 | Barnaby Woods | 210 |
18 | Mount Pleasant | 159 |
19 | Chevy Chase | 198 |
20 | Foggy Bottom | 141 |
21 | Brentwood | 136 |
22 | Petworth | 176 |
23 | Woodley Park | 204 |
24 | Ledroit Park | 165 |
25 | U Street Corridor | 174 |
26 | Columbia Heights | 158 |
27 | Brightwood | 164 |
28 | Mount Vernon Square | 160 |
29 | The Palisades | 228 |
30 | Georgetown | 221 |
31 | Shaw | 170 |
32 | Kalorama | 251 |
33 | Berkley | 228 |
34 | Foxhall Village | 208 |