Housing costs in Los Angeles?
A typical home costs
$812,300, which is 140.3% more expensive than the national average of
$338,100 and 10.7% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,160 per month, which is 0.5% more than the national average of
$2,150 and 6.5% cheaper than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91606), California, a minimum annual income of
$155,520 for a family, and
$68,000 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in Los Angeles, CA 91606 is quite high compared to other parts of the country. The average rent for a one-bedroom apartment in 91606 ranges from $1,750 to $2,400 per month. Food and transportation costs are also higher than in many other parts of the US, with a gallon of milk costing around $3.91 and a gallon of gas averaging about $3.70. Additionally, taxes are also very high in this area; the state income tax rate is 13.30%. Despite the high cost of living, there are still plenty of opportunities for entertainment in the area such as art galleries, music festivals, and theater productions.