Housing costs in Los Angeles?
A typical home costs
$766,200, which is 126.6% more expensive than the national average of
$338,100 and 4.5% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,190 per month, which is 1.9% more than the national average of
$2,150 and 5.0% cheaper than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91605), California, a minimum annual income of
$146,880 for a family, and
$68,800 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 91605 Los Angeles, CA is high due to its close proximity to Hollywood and other major attractions in the city. The median home value is $719,700, and the average rent for a one-bedroom apartment is around $2,300 per month. The cost of groceries and everyday items like utilities, transportation, and entertainment can also be expensive in this area. While it may be costly to live here, many people are drawn to this area for its close proximity to world-renowned entertainment venues and businesses.