Housing costs in Los Angeles?
A typical home costs
$902,300, which is 166.9% more expensive than the national average of
$338,100 and 23.0% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,460 per month, which is 14.4% more than the national average of
$2,150 and 6.5% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91325), California, a minimum annual income of
$172,800 for a family, and
$77,600 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 91325 Los Angeles, CA is fairly high. The median home value is $702,700, which is more than double the national median of $226,800. In addition, the median rent price is $2,750 per month. Prices for goods and services such as food and transportation are higher than the national average as well. With these prices in mind, it's important to budget carefully when making a move to this area of Los Angeles.