What salary is needed to live comfortably in LA?

Los Angeles is known for being the city of show business, so many people want to live and work there, that is why before deciding to emigrate they ask themselves What salary is needed to live comfortably in LA?

California is considered the fourth most expensive state in the United States, behind Hawaii, Washington D.C. and Massachusetts, therefore, Los Angeles is a very expensive city. That is precisely why to live comfortably in Los Angeles it is necessary to earn more than in other cities that are part of the cheapest states in the nation.

Here we will detail What salary is needed to live comfortably in LA?

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This is everything you need to know about What salary is needed to live comfortably in LA?

The beautiful city of Los Angeles is one of the largest in the United States, with more than four million inhabitants, it is also considered one of the most expensive American metropolis, and according to studies, if you want to live comfortably in the city of entertainment you need to earn almost 120,000 dollars a year and there are even certain parts of the city, much more luxurious in which more money is required to live well.

This is when you ask yourself What salary is needed to live comfortably in LA? On average the total cost for homeowners in Los Angeles is $196,321 per year, renters spend $116,825 per year and the median income is $69,778. Also of note, the average in Los Angeles earns $106,965 per year, based on a salary of 10000, in turn, Los Angeles pays the average $51.43 per hour.

It should also be noted that entry level positions start at a salary of approximately $67,649 per year and more experienced professionals typically earn up to $142,454 per year.

All of this leads us to conclude that Los Angeles is one of the most expensive U.S. cities to make ends meet. It should also be noted that the approximate minimum wage in the city of entertainment is $16 per hour.

Here is an estimate of how much it costs to live in Los Angeles

If you are wondering What salary is needed to live comfortably in LA? The first thing you should keep in mind is that real estate prices in the city of entertainment are quite high, mainly due to the luxury that surrounds it. For example, in neighborhoods such as Bel Air and Beverly Hills, real estate prices do not go below 1 million dollars. In turn, in the aforementioned areas the rental price is around 1,600 dollars a month and if you do not have the conditions to pay for an apartment, single rooms have an approximate cost of 1,000 dollars a month.

On the other hand, there are the services, and in Los Angeles you must pay approximately 150 dollars per month for services, and that depends on the amount of consumption in your home, the more people the more expensive. In relation to the internet service, the most generic one usually has a cost of 50 dollars per month and the cell phone expenses usually have the same cost of the internet (50 dollars) each month.

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While on food people in Los Angeles usually spend $250 a month which results in $3,000 a year. But if you are one of those who like to eat out, the cheapest meal has a cost of 12 dollars.

It should also be noted that the bus or subway costs $1.50, and the monthly voucher with unlimited rides on both bus and subway is $75.

Now that you know What salary is needed to live comfortably in LA, do you dare to live your dream in this city?

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