Housing costs in Los Angeles?
A typical home costs
$849,400, which is 151.2% more expensive than the national average of
$338,100 and 15.8% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$3,370 per month, which is 135.7% more than the national average of
$1,430 and 36.2% more than the state average of
$2,150.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90073), California, a minimum annual income of
$162,720 for a family, and
$106,000 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90073 Los Angeles, CA is quite high. The median home price in this area is around $2 million, and rent for a one-bedroom apartment averages around $3,000 per month. Groceries, utilities, and transportation are also expensive compared to other cities. Although the cost of living can be quite high in this area, it's home to some of the best entertainment and dining options available in Los Angeles. With its close proximity to the beach and great weather year-round, 90073 makes an excellent choice for those looking for a luxurious lifestyle in one of the world's most desirable cities.