Housing costs in Los Angeles?
A typical home costs
$772,500, which is 128.5% more expensive than the national average of
$338,100 and 5.3% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,270 per month, which is 5.6% more than the national average of
$2,150 and close to the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91405), California, a minimum annual income of
$147,960 for a family, and
$71,200 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 91405 Los Angeles, CA is relatively high, compared to the national average. According to BestPlaces's Cost of Living Calculator, rent prices in 91405 are an average of 56% higher than the U.S. average. Grocery prices are 23% higher than the national average as well. Transportation costs in the area are also elevated as gas prices are 13% higher than the national rate. Despite these inflated costs, residents of 91405 still reap the benefits of living in one of California’s most vibrant cities, with access to iconic cultural attractions and a diverse range of entertainment options.