Housing costs in Los Angeles?
A typical home costs
$1,036,900, which is 206.7% more expensive than the national average of
$338,100 and 41.4% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,920 per month, which is 35.8% more than the national average of
$2,150 and 21.2% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91602), California, a minimum annual income of
$198,720 for a family, and
$91,600 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 91602 Los Angeles, CA is generally regarded as high. Housing costs in particular have skyrocketed in recent years, with the median home value being around $815,000. Transportation and utilities costs are also high, while groceries and health care tend to be somewhat more affordable than in other parts of California. Overall, the cost of living in 91602 Los Angeles can be quite expensive and many people struggle to make ends meet.