Housing costs in Los Angeles?
A typical home costs
$701,600, which is 107.5% more expensive than the national average of
$338,100 and 4.3% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,120 per month, which is 1.4% cheaper than the national average of
$2,150 and 8.5% cheaper than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91352), California, a minimum annual income of
$134,280 for a family, and
$66,800 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 91352 Los Angeles, CA is quite high. Housing costs are some of the highest in the nation, with a median home value of $652,100. The median rent is also exceptionally high at an estimated $2,750 per month. Food prices can be steep too; it is not uncommon for groceries and restaurant meals to cost 20-30 percent more than the national average. Additionally, transportation costs are also above average due to high fuel costs and expensive public transportation passes. On the bright side, California's income tax rate is among the lowest in the nation, providing some financial relief for residents of 91352 Los Angeles, CA.