Housing costs in Los Angeles?
A typical home costs
$1,354,900, which is 300.7% more expensive than the national average of
$338,100 and 84.7% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,960 per month, which is 37.7% more than the national average of
$2,150 and 22.3% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91403), California, a minimum annual income of
$259,560 for a family, and
$93,200 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 91403 Los Angeles, CA is quite high. Rent prices are significantly higher than the national average, with the median rent for a two-bedroom apartment hovering around $2,000 per month. Groceries and restaurant meals can also be quite pricey, with some items costing upwards of 30% more than the national average. Transportation costs are reasonable, however, with public transit options providing access to many parts of the city for just a few dollars per ride.