From iconic music venues and the mansions of Beverly Hills to mouthwatering Korean barbecue joints, Los Angeles is an exciting place to be.
If you’re thinking about making the move, it might be a good idea to crunch some numbers: Like most cities, the cost of living in Los Angeles is high.
We rounded up a series of facts about the true cost of LA life to give you an idea of just how pricey it can get:
Annual necessities for a four-person family -- two adults, two children -- include costs of housing, food, child care, transportation, healthcare, other necessities, and taxes. They do
not include savings or discretionary spending.
If you're looking to rent, the average rent on a one-bedroom is $2,037. A two-bedroom would be about $3,091.
The restaurant scene is a dream for foodies, but expect to pay more than the average American. A 'mid-range' meal for two will set you back about $56 -- that's $11 above the national average.
All in all, for a four-person family to live comfortably, the suggested annual take-home income is $141,408
This accounts for necessities — such as housing, food, childcare, healthcare, and transportation — discretionary spending, and savings in the San Francisco metro area.
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