Housing costs in Los Angeles?
A typical home costs
$1,495,500, which is 342.3% more expensive than the national average of
$338,100 and 103.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,830 per month, which is 31.6% more than the national average of
$2,150 and 18.7% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90035), California, a minimum annual income of
$286,560 for a family, and
$89,200 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90035 Los Angeles, CA is very expensive. Rent prices for a one bedroom apartment range from $1700 to $2,000 per month. Additionally, groceries can be costly with prices up to 20% higher than the national average. Gasoline is also expensive at an average of $3.50 per gallon. Despite these high costs, the city's many attractions and entertainment venues make it a worthwhile place to live.