Housing costs in Los Angeles?
A typical home costs
$907,500, which is 168.4% more expensive than the national average of
$338,100 and 23.7% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$3,270 per month, which is 52.1% more than the national average of
$2,150 and 29.7% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90293), California, a minimum annual income of
$173,880 for a family, and
$102,800 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90293 Los Angeles, CA is quite expensive. According to BestPlaces, the cost of living index for this area is 129.61, which is significantly higher than the national average of 100. This means that the cost of living in this area is 29% higher than the national average. The housing expenses are particularly high in 90293 Los Angeles, CA, with an index score of 144.60. This indicates that housing costs are 44% higher than the national average. Additionally, utilities and grocery expenses also rank above average at 111 and 102 respectively. All these factors contribute to a significantly more expensive cost of living in this area compared to other places around the country and world.