Los Angeles Cost of Living
Los Angeles, California costs approximately 22.0% above the US national average. Compare with 99 other major US cities.
What living in Los Angeles costs
Los Angeles carries a cost index of 1.22x the national baseline, placing it above 93 of the 99 metros tracked and below 5. Rent runs about $2,300 monthly; the median home is near $950,000.
The price-to-rent ratio here is roughly 34, which is high. Above about 20, renting and investing the down payment usually beats buying over a normal holding period — the purchase price is steep relative to what the same property earns as a rental.
Working and living here
Los Angeles is a metro of roughly 12.9M and roughly flat, running on entertainment/media, international trade & logistics, aerospace. Larger employers include Walt Disney Company, Netflix, Kaiser Permanente.
California taxes income at the state level, and Los Angeles adds no separate city tax. Cost-of-living indexes exclude income tax entirely, so compare after-tax figures rather than index ratios when weighing this metro against one in a no-income-tax state.
Getting around: Los Angeles is served by limited transit. Budget for a car — around $9,000 a year all-in once insurance, fuel, maintenance and parking are counted, a cost the index assumes but does not itemise.
Climate: Mild Mediterranean climate: January lows near 48°F, July highs near 84°F, minimal rainfall most of the year.
No city income tax, but California's top state income tax rate is 13.3% and median home prices exceed $900K, among the highest of any large US metro.
Related tools
Paycheck calculator — take-home after federal, state and local tax. Salary calculator — pay by job and state. Compare against another metro.