Housing costs in Los Angeles?
A typical home costs
$1,596,400, which is 372.2% more expensive than the national average of
$338,100 and 117.6% more 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 90027), California, a minimum annual income of
$306,000 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 90027 Los Angeles, CA is high due to its close proximity to Hollywood and the many amenities available in the area. The median home value is $1.3M and the median rent is $2,700 per month, making the cost of living here quite steep. However, with great schools, unique attractions such as the Griffith Observatory and many other activities available in Los Angeles, it's easy to see why this area is so expensive.