Housing costs in Los Angeles?
A typical home costs
$990,700, which is 193.0% more expensive than the national average of
$338,100 and 35.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$3,390 per month, which is 57.7% more than the national average of
$2,150 and 32.2% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91367), California, a minimum annual income of
$189,720 for a family, and
$106,800 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 91367 Los Angeles, CA is significantly higher than the national average. The median home value for this area is roughly $856,000 and the median rent is around $2,500. Additionally, groceries and utilities are about 18% higher than the national average. Prices for going out to eat or other leisure activities are also more expensive in 91367 Los Angeles, CA compared to other areas. In general, living expenses can be quite expensive in this area, but it can be offset by a higher salary due to the competitive job market.