Housing costs in East Los Angeles?
A typical home costs
$646,300, which is 91.2% more expensive than the national average of
$338,100 and 11.9% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in East Los Angeles costs
$1,820 per month, which is 15.3% cheaper than the national average of
$2,150 and 26.4% cheaper than the state average of
$2,300.
Can I afford East Los Angeles?
To live comfortably in East Los Angeles (zip 90063), California, a minimum annual income of
$123,840 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about East Los Angeles?
Living in 90063 East Los Angeles, CA is relatively affordable. While the median home value of $500,989 may appear high to some, the median household income of $40,072 helps to put this figure into perspective. Additionally, rents in the area are quite reasonable. The median rent for a one-bedroom apartment is only $1,071 per month while a two-bedroom unit averages around $1,369 per month. Groceries and utility costs are also lower than the national average. In general, residents of 90063 East Los Angeles can find an overall cost of living that is comfortable and affordable.