Housing costs in Los Angeles?
A typical home costs
$1,710,200, which is 405.8% more expensive than the national average of
$338,100 and 133.2% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$3,360 per month, which is 56.3% more than the national average of
$2,150 and 31.5% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90048), California, a minimum annual income of
$327,600 for a family, and
$105,600 for a single person is recommended.
What does A.I. say about Los Angeles?
equestId:993d437b-1eb5-4215-af10-b35cf72dd787,resource:content,data:[{id:txt_476ba4ec8b5d4fccb6df432b933f7153,text:\n \nThe cost of living in 90048 Los Angeles, CA is quite high. According to BestPlaces, the overall cost of living index score for 90048 Los Angeles is 116.43, which is 16% higher than the average U.S. city, and 8% higher than the California state average. The major contributing factors to this high cost of living in this area are housing costs (a median sale price of $1,450,000) that are nearly double the national average; transportation costs (a monthly pass for public transit averages $100); and consumer goods and services that are also costly due to limited competition in the area compared to other parts of LA County.