Housing costs in Los Angeles?
A typical home costs
$858,200, which is 153.8% more expensive than the national average of
$338,100 and 17.0% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$2,240 per month, which is 4.2% more than the national average of
$2,150 and 2.7% cheaper than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 91330), California, a minimum annual income of
$164,520 for a family, and
$70,400 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 91330 Los Angeles, CA is quite high. The median home value in the area is $710,400, which is significantly higher than the national average of $184,700. Renting a two bedroom apartment will cost you around $2,500 per month. Groceries and utilities also tend to be more expensive than other parts of the country due to the large population and limited resources. That said, Los Angeles has plenty of job opportunities available in various industries so it can be a great place to live for those willing to work hard and make a living.