Housing costs in Los Angeles?
A typical home costs
$1,245,800, which is 268.5% more expensive than the national average of
$338,100 and 69.8% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,320 per month, which is 7.9% more than the national average of
$2,150 and close to the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91356), California, a minimum annual income of
$238,680 for a family, and
$73,200 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 91356 Los Angeles, CA is quite high. The average cost of housing in the area is roughly $1,500 per month for a one bedroom apartment. Transportation costs are also relatively high, as gasoline and public transportation can quickly add up. Groceries and other everyday items are also expensive, with the average family spending around $200 per week to buy what they need. Additionally, entertainment and leisure activities come with a hefty price tag due to the area's popularity among tourists. Despite these additional costs, 91356 Los Angeles, CA remains an attractive place to live due to its culture, diversity and recreation options.