Housing costs in Los Angeles?
A typical home costs
$2,112,100, which is 524.7% more expensive than the national average of
$338,100 and 187.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$3,320 per month, which is 54.4% more than the national average of
$2,150 and 30.7% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91436), California, a minimum annual income of
$404,640 for a family, and
$104,400 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 91436 Los Angeles, CA is relatively high compared to other areas in the United States. According to BestPlaces, the current cost of living index for this zip code is 137.3, which is significantly higher than the US average of 100. Prices for goods and services such as groceries, housing, transportation, and healthcare are all considerably more expensive than the national average. Residents also have to contend with higher taxes due to California’s income tax system. Despite the higher costs associated with living in 91436 Los Angeles, CA, many people choose to live there due its close proximity to popular attractions and amenities such as Hollywood Boulevard and Hollywood Studios.