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The economy of the Washington metropolitan area includes the economy of Washington, D.C., and its suburbs, including parts of Maryland, all of Northern Virginia, and Jefferson County, West Virginia. In 2022, the DC metro area had the country's fifth-highest gross metropolitan product, at $541 billion. [1]
The metro areas were sorted by population and ranked, then they were sorted by expenditure’s annual total cost of living to show the cost to live in America’s 50 largest metro areas.
The Bureau of Economic Analysis has calculated that the regional price parity in 2019 of the 50 largest MSAs ranges from 88.3 in Birmingham, Alabama (which has the lowest cost of living of the 50 most populous MSAs) to 126.7 in San Jose, California (the highest cost of living of the 50 most populous MSAs). An income of $0.88 in Birmingham ...
Metropolitan statistical area Population Per capita income 1 Washington-Arlington-Alexandria, D.C-Virginia-Maryland MSA 5,949,178 $47,411 2 San Jose-Santa Clara-Sunnyvale, California MSA 1,918,944 $40,392 3 Seattle-Tacoma-Bellevue, Washington MSA 3,611,644 $39,322 4 San Francisco-Oakland-Hayward, California MSA 4,122,177 $38,355 5
Cost of living is defined as the amount of money required to cover necessary expenses to maintain a certain lifestyle standard in a particular place. ... bread costs $4.27 in the metro Washington ...
U.S. suburbs really began to take off in the early 1950s -- right around the time when credit cards were mass distributed, allowing homeowners to get bigger places and buy things like televisions,...
The 366 metropolitan statistical areas (MSAs) are shown in medium green. The 576 U.S. micropolitan statistical area (μSAs) are shown in light green. This is a list of U.S. metropolitan areas by their gross domestic product per capita in 2021.
To put this in context, the Salary Needed To Live Comfortably — 2024 Study from Smart Asset found that the cost of living in the nation’s capital is so high that to live comfortably there, a ...