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apartment rental in Los Angeles


Question Posted Tuesday December 7 2010, 12:27 pm

How much would it cost to rent a two bedroom apartment in Los Angelos?

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Peeps answered Monday December 27 2010, 9:20 am:
It's likely to be fairly expensive. We're talking a couple of thousand dollars per month, probably, for a place you'll actually want to live in (ie: not a filthy dump).

The average rent for a 1 bedroom Los Angeles apartment costs $1,757. The average 2 bedroom Los Angeles apartment is about $2,506. The average apartment rental fee for a 3 bedroom apartment is close to about $3,896.

Again, we're talking about "average" here. That's the places that are fairly so-so quality, and even some of those will be priced higher, of course.

So, you're looking at dishing out about $2,500 per month for the average 2-bedroom apartment.

The overall cost of living in Los Angeles, California is 33% above the national average. Unfortunately, the housing costs tend to be among the most expensive in the nation. When you take into account that about 12.5% of the labor force of Los Angeles is currently unemployed and actively seeking a job then you may want to reconsider an immediate move there in the near future (at least until the job market is back on it's feet so you actually have a chance to earn money).

Since costs are much higher than other areas of the nation, even groceries will cost you quite a bit. You also need to think about transportation (gas, vehicle, insurance coverage), clothing, luxuries (video games, books, movie prices, dates, activities and entertainment), bills (electricity, heating/cooling, water, garbage, telephone/internet, etc.), laundry services (dry cleaning bills, laundromat costs), educational expenses (college), and other necessities.

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