Housing costs in Los Angeles?
A typical home costs
$663,200, which is 96.2% more expensive than the national average of
$338,100 and 9.6% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$1,840 per month, which is 14.4% cheaper than the national average of
$2,150 and 25.0% cheaper than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90033), California, a minimum annual income of
$127,080 for a family, and
$58,000 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90033 Los Angeles, CA is fairly high compared to other parts of the country. Housing costs are particularly expensive, with the median home value sitting at around $717,400 according to Zillow. The median rent for a one-bedroom apartment is also quite expensive at an estimated $2,800 per month. Groceries and other everyday necessities can also be costly, as Los Angeles is generally considered an expensive city overall. Public transportation is available and affordable, but not as reliable as other cities. Overall, the cost of living in 90033 Los Angeles can be quite high if you're not careful and budgeting wisely is key to making ends meet.