Cost of Living in Los Angeles, CA

Population 3,857,897 · California · Data vintage 2023

230
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

$880,000 is the going rate for a typical Los Angeles home, 188% over the national median. Rents of $1,879/month track the same premium. Unemployment has stayed elevated relative to the national figure — 7.9% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Cost Overview

Housing 288
Rent 143

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Los Angeles

The median home value in Los Angeles is $879,500 — 188% above the national median of $305,000. Median rent runs $1,879/month, 43% higher than the national median of $1,314/month. The median household income of $80,366/year is 8% higher than the US median of $74,580. The local unemployment rate is 7.9%, above the national average of 4.8%. California's top state income tax rate is 13.3% and the combined sales tax is 8.7%. The climate averages highs of 70.4°F and lows of 55.3°F. Overall, Los Angeles has a cost of living index of 230 versus the US average of 100, meaning it is 130% more expensive.

🏠 Housing

Median Home Value
$879,500
188% above avg
Zillow Home Value
$941,985
Zillow ZHVI
Median Rent
$1,879/mo
43% above avg
Zillow Rent
$2,742/mo
Zillow ZORI
Price-to-Rent Ratio
39.0x
Favors renting
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,195
1 BR
$1,241
2 BR
$1,544
3 BR
$2,163
4 BR
$2,556
Owner-occupied 36.3%
Renter-occupied 63.7%

💰 Estimated Monthly Budget

Rent median rent
$1,879
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,493/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
34.1 min
26% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.3%

Commute Mode

Drove alone
61.4%
Carpooled
8.8%
Public transit
6.7%
Walked
3.1%
Bicycle
0.7%
Work from home
17.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 13.3%
Total Sales Tax 8.7%
State rate 7.3%
Avg local rate 1.4%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$80,366
8% above avg
Per Capita Income
$46,270
Unemployment Rate
7.9%
65% above avg
Poverty Rate
16.6%
Labor Force Participation
66.6%

🎓 Education

Bachelor's degree+ 24.5%
Graduate degree 13.3%

👥 Demographics

Median Age 36.9
Male median age 36.3
Female median age 37.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
70.4°F
Avg Low
55.3°F
Annual Precip
13.4"
40° 50° 60° 70° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 666666686971757776747066
Low °F 494951535760636362585248
Precip" 3.283.342.090.560.260.080.040.010.140.550.762.34

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 67 — Moderate
11.2%
Good air days/yr
210
Max AQI recorded
203
PM2.5 days
150
Ozone days

Frequently Asked Questions

What is the cost of living in Los Angeles, CA?

Los Angeles has a cost index of 230 (100 = national average). It is 130% above the national average.

What is average rent in Los Angeles, CA?

The median gross rent in Los Angeles is $1,879 per month based on 2023 Census data.

What is the average home price in Los Angeles?

The median home value in Los Angeles is $879,500 according to Zillow and Census data.

What is the median income in Los Angeles?

The median household income in Los Angeles is $80,366 per year (2023 ACS 5-year estimates).

What is the sales tax in Los Angeles, CA?

The combined state and local sales tax rate in Los Angeles is 8.7%. The California state income tax top rate is 13.3%.

Is Los Angeles, CA affordable?

Los Angeles is above average in cost of living, with an index of 230 — about 130% higher than the national average.

What is the weather like in Los Angeles?

Los Angeles has average high temperatures of 70.4°F and average lows of 55.3°F. Annual precipitation is 13.4". Data from NOAA 1991–2020 Climate Normals.