Housing costs in Los Angeles?
A typical home costs
$740,900, which is 119.1% more expensive than the national average of
$338,100 and 1.0% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,130 per month, which is 0.9% cheaper than the national average of
$2,150 and 8.0% cheaper than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91306), California, a minimum annual income of
$141,840 for a family, and
$67,200 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 91306 Los Angeles, CA is quite high compared to other parts of the United States. The median home value is $1,164,000 and the median household income is $128,131. Renters pay an average rent of $3,934 per month. Additionally, groceries are expensive and gas prices are usually higher than national averages. Overall, 91306 Los Angeles has a hefty cost of living but offers great economic opportunities with its booming economy and diverse culture.