Housing costs in Los Angeles?
A typical home costs
$618,900, which is 83.1% more expensive than the national average of
$338,100 and 15.6% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$3,360 per month, which is 56.3% more than the national average of
$2,150 and 31.5% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90014), California, a minimum annual income of
$118,440 for a family, and
$105,600 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90014 Los Angeles, CA is quite high. The median home cost in the area is over $785,000, and rental prices are also expensive. Additionally, groceries and other basic living expenses are also costly compared to most neighborhoods throughout the U.S. Gas and transportation costs are typically higher than in many areas as well due to the high demand for cars in the area. Despite this, 90014 Los Angeles, CA is still a desirable place to live because of its beautiful scenery and convenient location near beaches, entertainment venues, and parks.