Housing costs in Los Angeles?
A typical home costs
$1,292,800, which is 282.4% more expensive than the national average of
$338,100 and 76.3% 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 90039), California, a minimum annual income of
$247,680 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 90039 Los Angeles, CA is quite high compared to other areas. Due to the proximity to the city's expensive downtown core, rent and real estate prices are significantly higher than average. In addition, the cost of groceries, transportation, entertainment, and miscellaneous goods are also higher than most other places. However, many people find that living in this area is worth it due to its vibrant culture and convenient access to the rest of Los Angeles through public transportation systems such as bus routes and Metro rail lines.