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Story summary
- In the D.C. metro area, the 2024 poverty rate is 17.3% and the living-cost threshold is about $130,769.
- High living costs push families to suburbs seeking affordable housing.
- Grocery prices have surged, and about 40,000 households spend more than half their income on rent, especially those earning $50,000 or less.
- The median home price is about $595,000, and first-time buyers plan to put down $55,471.
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