Housing costs in Los Angeles?
A typical home costs
$1,120,900, which is 231.5% more expensive than the national average of
$338,100 and 52.8% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,090 per month, which is 2.8% cheaper than the national average of
$2,150 and 10.0% cheaper than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90026), California, a minimum annual income of
$214,920 for a family, and
$65,600 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90026 Los Angeles, CA is quite high. Housing costs are among the highest in the nation, with the median price for a home being around $780,000. Other expenses such as food and transportation can also be quite costly. The overall cost of living index in Los Angeles sits at 126.3, which is roughly 26% higher than the national average. Despite this, it remains a popular destination due to its proximity to many attractions and entertainment hubs, as well as its mild weather and diverse population.