Question: Is Moving To LA A Good Idea?

Can you live in LA on 50000 a year?

Can I live on $50,000 a year in California.

Yes, you can survive, but you’re not likely going to be able to buy real estate anywhere you would want to live or that seems like the California you may imagine.

In Los Angeles County the line defined as low income for 1 person is actually $50,500 annually as of March 2018..

Is it hard to live in LA?

I’ve lived in LA for over 20 years. I would say the moving here is quite easy: the city is not terrifically expensive (compared to places like San Francisco, Chicago, or New York City). … The city is geographically enormous and it’s easy to feel a little overwhelmed if you aren’t accustomed to a place of this scale.

Is La expensive?

Living in Los Angeles as a professional usually means eschewing the roommate lifestyle and having a car to commute to work. These two changes alone make the city far more expensive than it is for a student. As previously stated, the city’s average rent is around $2,100 and utilities average $127.

Is LA a good place to live?

Its location between the coast and mountains helps to produce the perfect climate. If you don’t like extremes, Los Angeles is a great fit for you as the average high temperature is 75 degrees and there’s sun about 300 days a year. Living here, you’ll always find a good reason to get outside and enjoy the sunshine!

What are the pros and cons of living in Los Angeles?

Originally Answered: What are the pros and cons of living in Los Angeles, California (LA)? Pros- great food, lots of great nightlife, the weather. Cons- cost of living, high crime rate, terrible traffic, overly liberal, lots of homeless people everywhere, high taxes, bad air, earthquakes, gangs.

Why do people move to LA?

The weather is one of the main reasons why people move to Los Angeles. … Los Angle has a more even temperature between Winter and Summer. The lure of the Hollywood Entertainment Industry is another reason many come to Los Angeles. Work opportunity is another reason that people have come to Los Angeles.

Can you live in LA on 40000 a year?

As others have said, you can live in LA on 40k a year. Plenty of people do. It will definitely help if you move to the right area and get some friendly roommates.

Can you live in LA on minimum wage?

Can you live in Los Angeles on a minimum wage? Yes. In fact, you can live there with no money or job – If you’re willing to sleep in a tent downtown, crap in the street, assault people at random, use drugs, and don’t mind waiting for your free hypodermic needles.

Do you see celebrities in LA?

Contrary to popular belief, LA’s stars aren’t always hanging out at old school celebrity hangouts like The Polo Lounge and The Ivy. If you want to catch a star in public, hiking Runyon Canyon (92000 N. Fuller Ave., Los Angeles 90046) is one of the best places in town for encountering the rich and famous.

Can I move to LA with no money?

Sure, living in LA (heck, even just visiting LA) can be pricey. But sometimes the best things in life really are free–or close to it. If you’ll be moving to Los Angeles with no money, don’t panic. You don’t have to spend a ton to have a good time in the City of Angels, and here’s the proof.

Is La dangerous?

Yes, it has a reputation for being somewhat dangerous but it is also known for being a clean and safe holiday destination. The high crime rates MIGHT alarm you, but in comparison to other big cities in the US, Los Angeles has “the largest decline in crime of any major American city” – according to the FBI.

How do I get a job in Los Angeles before moving?

There are a couple things you can do to help your out-of-town job-hunting: Get an L.A. address and phone number. … Get an industry-related job wherever you are. … Do some research on industry job-hunting sites. … Prime any L.A. or industry contacts before you make the trip.

How much should I save before moving to LA?

To summarize, if you’re moving to Los Angeles, here are your benchmark savings goals: If you see yourself as conservative with money, or you’re risk-averse, minimum savings: $10,000. If you’ve traveled before and are used to living out of your comfort zone, minimum savings: $5,000.

What should I know before moving to LA?

10 Things You Should Know Before Moving to Los AngelesIt’s really tough to get a job here unless you’re here.Finding an apartment can be just as challenging.The struggle of traffic is real.The city is really big.Use the cross walk or else.You can be outdoorsy here.Dogs are welcome.Parking is a science.More items…

How much do you need to make to live comfortably in Los Angeles?

Using the 50-30-20 rule for personal budgeting (50 percent of income toward necessary costs like housing and food, 30 percent for “discretionary spending” like entertainment and going out, 20 percent for savings), an Angeleno needs to make $74,371 a year to live “comfortably” in Los Angeles, a study by finance site …

Is LA more expensive than New York?

Conclusion: Overall, LA Wins That’s a different story than calling LA “cheaper” than New York. They’re both expensive cities with a higher cost of living than most other places in the US, but what you can get for your money on the West Coast is simply more than the East Coast alternative.

Where should I not live in Los Angeles?

Here are the 10 worst neighborhoods in Los Angeles according to data:Fashion District.Wholesale District-Skid Row.Downtown.West Adams.Watts.Central City East.Southeast Los Angeles.Hyde Park.More items…