Utilities are one area where Californians have a bit of an advantage. See also: Five Affordable Places to Buy a House in Southern California How much will utilities, electric and phone in L.A. Purchase and rental prices will obviously vary based on size, number of bedrooms, location, condition of property and other factors. It’s important to note that these costs are the median for all properties. For example, median rent in Cincinnati, Ohio was $1,350 during the same period, and just $1,070 in Des Moines, Iowa. In smaller metros around the country, the difference is even more extreme. median significantly higher than in other metros around the country, such as Chicago ($1,850), Phoenix ($1,995), Dallas ($2,000), Orlando ($2,100) and Atlanta ($2,182). While a few metros like New York and San Diego came in higher, the L.A. According to Zillow, median rent in Los Angeles during the same month was $3,021–up nearly 10% from the previous December. That’s compared with a nationwide median of $388,310. The median sales price for a house in Los Angeles in December of 2022 was $915,000, or $580/square foot.
But, is that enough to make the higher cost of just about everything worthwhile? Here’s a look at how housing, utilities, and other essential living expenses in Los Angeles stack up against the rest of the country.
Of course, salaries are a bit higher as well ( 13% more than the national average), and the weather is tough to beat. Taxes are among the highest in the nation, as are gasoline prices. Housing, utilities, food, and entertainment all cost more here. is currently tied with Hong Kong for the dubious honor of the fourth highest cost of living in the world? But, would you be surprised to learn that L.A. It’s no surprise to anyone that living in Los Angeles is expensive.
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