Housing costs in Los Angeles?
A typical home costs
$1,584,500, which is 368.6% more expensive than the national average of
$338,100 and 116.0% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,840 per month, which is 32.1% more than the national average of
$2,150 and 19.0% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90066), California, a minimum annual income of
$303,480 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 90066 Los Angeles, CA is higher than the national average. The median home value of $812,000 is nearly double that of the national median, and rent prices are significantly above what people pay across the country. Utilities tend to be relatively high as well, although this can vary from one area to another. Taxes are also quite high in Los Angeles County due to its large population and expansive public transportation system. Despite these added costs, the quality of life in 90066 Los Angeles is generally considered good with an abundance of job opportunities and entertainment options available.