Housing costs in Los Angeles?
A typical home costs
$858,200, which is 153.8% more expensive than the national average of
$338,100 and 17.0% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$1,890 per month, which is 12.1% cheaper than the national average of
$2,150 and 21.7% cheaper than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90043), California, a minimum annual income of
$164,520 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90043 Los Angeles, CA is quite high due to the city's location and its popularity as a destination for people from all around the world. The cost of housing is particularly steep, with median rent for a one-bedroom apartment being $2,000. Utilities such as electricity and water can also be expensive, averaging around $150 a month. Groceries are also pricey in this part of California, with the average food basket costing around $300 per week. Transportation costs can vary depending on how you choose to get around; public transportation is available but can be costly, while owning your own car will also require some significant financial commitment. In conclusion, living in 90043 Los Angeles, CA can be quite expensive but pays off in terms of quality of life and access to some amazing attractions and activities.