Housing costs in Los Angeles?
A typical home costs
$910,400, which is 169.3% more expensive than the national average of
$338,100 and 24.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,660 per month, which is 23.7% more than the national average of
$2,150 and 13.5% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91344), California, a minimum annual income of
$174,600 for a family, and
$83,600 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 91344 Los Angeles, CA is relatively high compared to other areas due to its proximity to the city and access to various amenities. The median home price in 91344 is $639,400, which is significantly higher than the national average of $184,700. Additionally, the median monthly rent in this area is around $3,250 per month and utility costs are also on the higher side. Groceries, transportation, and other services are also more expensive than they are in other areas due to increased demand for these services from local businesses and residents. All in all, living in 91344 Los Angeles is an expensive proposition but comes with many rewards.