Housing costs in Los Angeles?
A typical home costs
$847,100, which is 150.5% more expensive than the national average of
$338,100 and 15.5% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,380 per month, which is 10.7% more than the national average of
$2,150 and 3.4% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91304), California, a minimum annual income of
$162,360 for a family, and
$74,800 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 91304 Los Angeles, CA is relatively high compared to the national average. Rent prices for a one bedroom apartment can range from $1,500 to $2,400 and higher depending on location. Groceries and other necessities are also more expensive than the national average. Overall, the cost of living in this part of Los Angeles can be quite costly for renters and homeowners alike. However, with a vibrant job market and plenty of entertainment options, many people find it worth the extra money to live here.