Housing costs in Los Angeles?
A typical home costs
$842,800, which is 149.3% more expensive than the national average of
$338,100 and 14.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,430 per month, which is 13.0% more than the national average of
$2,150 and 5.3% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91324), California, a minimum annual income of
$161,640 for a family, and
$76,400 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 91324 Los Angeles, CA is significantly higher than the national average. According to BestPlaces, the cost of living index for 91324 is estimated to be around 97.42, which is 8% higher than the US average of 89.45. Rent prices in particular can be quite expensive, with an average monthly rent price for a one-bedroom apartment estimated at $1,795. Groceries and restaurant prices are also quite high in the area due to its large population and many tourist attractions. Despite this, most locals find that the cost of living in 91324 is worth it due to its beautiful scenery and various job opportunities available in the area.