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How much does it cost to live in LA?

In the future id like to move to LA, presumably in the wealthy area. Just wondering how much a house there would cost and how much per year to live there with bills, food etc.. Thanks

4 Answers

  • 9 years ago
    Favorite Answer

    I Used to Live in L.A. for Nearly 2 Years Before She Bleed Me Dry

    Its Awfully Expensive, Though I Do Plan on Returning Back

    My Expenses Were as Follows

    (Keep in Mind I Lived on North Bronson Avenue, Los Angeles 90028) a.k.a. (Hollywood)

    Rent = $1498

    Electric = $110

    Television = $48

    Water & Trash = every 3 months, $240

    Average Food Cost = $290

    Average Entertainment Budget = $100

    Tobacco = (only if you smoke-dont count this if you dont) $100

    Gasoline for Transportation = $240

    Auto Insurance = $250 (because I was ages 17-18 at the Time and of Course a Guy)

    Micelanious Stand-By Budget = $50

    By The End of The Month That Was a Total of $2,686 and Every 3 Months $2,926

    It Is Not Easy Even Finding a Job in Los Angeles That Pays That Well

    I Lived 20 Miles (about) Away From U.S. Bank Tower Where I Worked in Downtown L.A.

    L.A. is the Place of Dreams, Its Worth Living in L.A. But It Will Surely Cost You BIG TIME

    Good Luck

  • 9 years ago

    If you want to live what appears to be a middle to upper middle class life, ok to nice starter house in a decent area, ok to nice car, etc, you will need an income of $150k, but actually closer to $300k if you have a family. An ok starter house in an ok to nice area starts at $600k, but really more like $800k. On the Westside it's more like $1 million, in a desirable area, $1.2+ million. Taxes and mandatory deductions take about half at those income levels.

    If you want to live in a wealthy area, like North of Montana Santa Monica, Westwood, Beverly Hills, areas of Pasadena, La Canada-Flintridge, San Marino, you're looking at $1.5 to $2 million for a nice home, something just a bit above a starter home, and you'd need an income of $400,000+, low debt, nice down payment, and great credit. you'd still have o watch your budget.

    $100,000 income gets you a nice apartment life, you'd still have to watch your budget.

    Good luck!

  • 9 years ago

    5000 to 6000 a month

  • John
    Lv 7
    9 years ago

    Depends on which part.

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