Cost of Living in Los Angeles, California
Los Angeles has a population of about 3,857,263. The median household income is $81,939, median gross rent is $1,933/month, and the median home value is $921,200. Below is how Los Angeles compares to the US.
Is Los Angeles expensive to live in?
Compared with the national median, rent in Los Angeles is 17% above the national median and home values are 146% above the national median. Household income here is about the national median. Monthly rent represents roughly 28% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Los Angeles?
The median gross rent in Los Angeles, California is $1,933 per month (US Census ACS).
What is the median home price in Los Angeles?
The median home value in Los Angeles is $921,200.
How much do people earn in Los Angeles?
The median household income in Los Angeles is $81,939 per year.
Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.