Cost of Living in Los Angeles, CA
A comprehensive look at housing costs in Los Angeles for 2025.
Crisis
Affordability Score
Home Price
🏠$950K
Monthly Rent
🔑$2,400
Monthly Mortgage
🏦$5,056
7% rate, 20% down
Median Income
💰$68K
Housing Costs Overview
The median home price in Los Angeles is $950K, which is 132% higher than the national median of $410K. The median rent is $2,400/month, 60% above the national median.
Monthly Mortgage Breakdown
Based on 30-year fixed at 7% with 20% down payment ($190K). Total cost over 30 years: $1.8M.
Rent vs. National Average
At $2,400/month, renting in Los Angeles means spending about $29K per year on housing. The rent-to-income ratio is 40.0%, which exceeds the recommended 30% threshold.
Compared to California
Home Price
$950K
vs $726K state
Rent
$2,400
vs $1,992 state
Income
$68K
vs $96K state
Is Los Angeles Getting More Expensive?
Over the past year, home prices in Los Angeles changed by 5.0% and rents by 4.5%. The rapid price growth is putting additional pressure on affordability.