Housing costs in Los Angeles?
A typical home costs
$1,337,200, which is 295.5% more expensive than the national average of
$338,100 and 82.3% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,760 per month, which is 28.4% more than the national average of
$2,150 and 16.7% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90034), California, a minimum annual income of
$256,320 for a family, and
$86,800 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90034, Los Angeles, CA is very high compared to other parts of the country. The median rent for a one-bedroom apartment is around $2,200 and the median home price is over $700,000. Groceries, utilities, and transportation costs are also higher than average. Despite this high cost of living, residents still enjoy living in an area full of exciting attractions and activities as well as many job opportunities. With so much to offer, its no wonder why 90034 is such a popular place to live.