Housing costs in Los Angeles?
A typical home costs
$1,550,100, which is 358.5% more expensive than the national average of
$338,100 and 111.3% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,980 per month, which is 38.6% more than the national average of
$2,150 and 22.8% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91604), California, a minimum annual income of
$297,000 for a family, and
$93,600 for a single person is recommended.
What does A.I. say about Los Angeles?
91604 Los Angeles, CA is an expensive area to live in. According to BestPlaces, the cost of living index is 147.71, which is much higher than the US average of 100. rent prices are high with a median price for a one-bedroom apartment of $2,183 per month and two-bedroom apartments costing around $2,848 per month. Additionally, food prices are high due to the local climate and lack of access to certain ingredients. Despite this, there are plenty of amenities available such as local restaurants and shopping centers that can help offset the high costs.