Housing costs in Los Angeles?
A typical home costs
$997,200, which is 194.9% more expensive than the national average of
$338,100 and 36.0% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,990 per month, which is 39.1% more than the national average of
$2,150 and 23.1% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90010), California, a minimum annual income of
$191,160 for a family, and
$94,000 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90010 Los Angeles, CA is relatively high. Rent prices alone have seen a dramatic increase in recent years, with the median rent for a one bedroom apartment averaging $2,450 per month. This is more than double the national average. The overall cost of groceries and goods is also quite expensive in this area, with the consumer price index score being well above the national average. Despite these drawbacks, many people choose to stay in 90010 because of its desirable location and ample employment opportunities.