Here's how much space you can afford to rent on a normal person's income in DC (via CNBCMakeIt)
The amount of space you can afford to rent on a normal person's income can vary depending on where you live, even in neighboring cities. In Washington, D.C., you may feel cramped squeezing into a tiny apartment, while in a nearby place like Baltimore, Maryland, or Arlington, Virginia, you're likely to get more square feet for the same price.
The researchers adjusted each city's median income for inflation to reflect 2019 values, then determined how many square feet you could afford if you don't spend more than the expert-advised 30% of your income on rent. Of the 100 places it considered,"only 14 cities offer a comfortable life while living within your means," the report says.
However,"these cities offer the least amount of space one can afford to rent on a median income, even though they are among the cities with the highest average monthly incomes in the country."
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