Housing costs in Los Angeles?
A typical home costs
$724,300, which is 114.2% more expensive than the national average of
$338,100 and 1.3% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$3,120 per month, which is 45.1% more than the national average of
$2,150 and 26.3% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90015), California, a minimum annual income of
$138,960 for a family, and
$98,000 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90015 Los Angeles, CA is higher than the national average. This area is known for its high housing costs, with median home prices around $600,000 and rents averaging around $1800 per month. Other expenses such as groceries, utilities, and transportation are also higher than average. The area has a vibrant cultural scene and many entertainment and dining options, but the costs associated with these can be quite expensive.