Housing costs in Los Angeles?
A typical home costs
$1,658,100, which is 390.4% more expensive than the national average of
$338,100 and 126.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$3,240 per month, which is 50.7% more than the national average of
$2,150 and 29.0% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90064), California, a minimum annual income of
$317,880 for a family, and
$102,000 for a single person is recommended.
What does A.I. say about Los Angeles?
Living in 90064 Los Angeles, CA undoubtedly has its perks. But it also comes with a hefty price tag. The cost of living in this area is significantly higher than the national average, due to factors such as the high demand for housing and the cost of goods and services. The median home price in 90064 Los Angeles is around $900,000 which is much higher than the national median of $216,200. Prices for groceries, healthcare, transportation, and utilities are also significantly higher here than other areas of the country. Despite these high costs, many people still choose to live in this area due to its easy access to great amenities like beaches and parks as well as its close proximity to downtown LA.