Housing costs in Los Angeles?
A typical home costs
$868,700, which is 156.9% more expensive than the national average of
$338,100 and 18.4% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,630 per month, which is 22.3% more than the national average of
$2,150 and 12.5% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90028), California, a minimum annual income of
$166,320 for a family, and
$82,800 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90028 Los Angeles, CA is quite high. The median household income is over $90,000 and the median home value is over $1 million. Renters should expect to pay well above the national average for studio apartments and other rental units. Groceries, utilities, transportation, and healthcare all tend to be more expensive than in many other areas of the country. Despite this higher cost of living, residents enjoy easy access to a variety of cultural activities throughout Los Angeles County as well as some of the best weather in the US.