Housing costs in Los Angeles?
A typical home costs
$1,234,600, which is 265.2% more expensive than the national average of
$338,100 and 68.3% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$3,340 per month, which is 55.3% more than the national average of
$2,150 and 31.1% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90292), California, a minimum annual income of
$236,520 for a family, and
$105,200 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90292 Los Angeles, CA is significantly higher than the national average. Rent prices for a one bedroom apartment can easily exceed $2,000 per month and are among the highest in the nation. Groceries and utilities also tend to be more expensive than other parts of the country. However, with its diverse culture and world-renowned attractions, many people find it worth it to live in this vibrant city.