Housing costs in Los Angeles?
A typical home costs
$1,250,600, which is 269.9% more expensive than the national average of
$338,100 and 70.5% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$3,420 per month, which is 59.1% more than the national average of
$2,150 and 32.7% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90094), California, a minimum annual income of
$239,760 for a family, and
$107,600 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90094 Los Angeles, CA is quite high. According to the Cost of Living Index, it ranks at a score of 122.7, making it a full 22.7 points higher than the national average. This means that the housing costs are much higher than what you can find outside of LA, and the overall expenses for groceries, utilities, healthcare, and general expenditures are significantly above the averages. While there may be some cheaper areas just outside of this zip code’s borders, most of 90094 remains expensive and out of reach for many people.