Moving from New York, NY to Los Angeles, CA
If you rent
$80,000 → $81,300
You'd need about $1,300 more a year in Los Angeles for the same standard of living.
If you buy
$80,000 → $84,100
Home prices are 17% higher in Los Angeles.
| Measure | New York | Los Angeles |
|---|---|---|
| Median rent | $1,779 / mo | $1,879 / mo |
| Median home value | $751,700 | $879,500 |
| Median household income | $79,713 | $80,366 |
| Median rent as a share of your $80,000 salary | 27% | 28% |
How this is estimated
Rent in Los Angeles is 6% higher than in New York. We assume 30% of your income goes on housing and scale that share by the price difference. Taxes, groceries, transport and other costs are assumed equal, so state income tax or a long commute could move the real number. Housing figures are Census medians, not what a particular home costs.
Reverse: Los Angeles, CA to New York, NY Compare the two cities side by side About Los Angeles
Data: U.S. Census Bureau ACS