Housing costs in Los Angeles?
A typical home costs
$1,386,700, which is 310.1% more expensive than the national average of
$338,100 and 89.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,200 per month, which is 2.3% more than the national average of
$2,150 and 4.5% cheaper than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90004), California, a minimum annual income of
$265,680 for a family, and
$69,200 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90004 Los Angeles, CA is quite high compared to the national average. The median home price is $1,167,600, which is more than double the national median home price. Additionally, the overall cost of goods and services in this area is 33% higher than the national average. There are also higher taxes in Los Angeles than most other parts of the country. This makes it difficult for many people to afford to live here without having an extremely high income.