Housing costs in Los Angeles?
A typical home costs
$1,203,800, which is 256.0% more expensive than the national average of
$338,100 and 64.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,190 per month, which is 1.9% more than the national average of
$2,150 and 5.0% cheaper than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90019), California, a minimum annual income of
$230,760 for a family, and
$68,800 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90019 Los Angeles, CA is quite high compared to many other parts of the country. Housing costs are some of the highest in the region, with an average two-bedroom apartment costing around $2,500 per month. Groceries and dining out can also be costly due to the city's higher wages and cost of goods. Transportation is relatively affordable, however, with a one-way fare on public transit costing only $1.75. Despite its higher costs, Los Angeles remains a very desirable place to live due to its vibrant culture, diverse population and fantastic weather.