Housing costs in Los Angeles?
A typical home costs
$640,800, which is 89.5% more expensive than the national average of
$338,100 and 12.6% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,590 per month, which is 20.5% more than the national average of
$2,150 and 11.2% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90013), California, a minimum annual income of
$122,760 for a family, and
$81,200 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90013 Los Angeles, CA is quite high. The median home value in the area is $652,100, according to Zillow. On average renters can expect to pay around $2,497 a month for a one-bedroom apartment and up to $3,871 for a two-bedroom apartment. Additionally, groceries and other household essentials are also more expensive than average. Residents will typically need to spend around 20% more than the national average on everyday goods. Despite the higher costs, many consider living in 90013 Los Angeles, CA worth it due to its close proximity to Hollywood attractions and famous beaches.