Housing costs in Los Angeles?
A typical home costs
$704,000, which is 108.2% more expensive than the national average of
$338,100 and 4.0% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,050 per month, which is 4.7% cheaper than the national average of
$2,150 and 12.2% cheaper than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90017), California, a minimum annual income of
$135,000 for a family, and
$64,400 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90017 Los Angeles, CA is generally quite high. The median home price for the area is around $800,000, meaning that most people will be paying at least a few hundred thousand dollars for housing. Additionally, rents in the area are on the higher side and can range from $1,500 to around $3,000 per month. Grocery costs can also be high since many of the stores in this area offer specialty goods and organic options. Other costs such as transportation, entertainment, and utilities may vary depending on an individual's needs and preferences.