Cost of Living in Los angeles, CA
Housing
The housing market plays a significant role in determining the cost of living in Los angeles, CA.
- Housing Index: 140.0 / 100
- Median Home Price is: $837,000
- Average Rent (2 BR Apartment): $3200 per month
- Average Rent (2 BR House): $3200 per month
Considering moving to Los angeles, CA? With a population of and a median age of , this city boasts a diverse demographic suitable for various lifestyles. The median income stands at , indicating a robust earning potential, though it's counter-balanced by a relatively high poverty level at and an unemployment rate of . Married families constitute 33% of the population, creating a community-oriented environment. Before making a decision, weigh these factors alongside your personal needs and lifestyle preferences.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Los angeles, CA.
- Electricity Price: $32.99 USD (median by state)
- Natural Gas Price: $16.99 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Los angeles, CA could entail higher utility costs. Electricity costs sit at $32.99, while natural gas is priced at $16.99 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Los angeles is a financially viable option for your relocation.