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Are you considering moving to Los Angeles?

Known for its warm climate, rich history, and inclusive culture, Los Angeles is one of the best places to live in America.

Los Angeles is home to more than 500 tech companies and startups alongside a sturdy job market. Known for being a cosmopolitan city and a melting pot of culture, Los Angeles opens up several business opportunities across the city.

If you’re considering moving to Los Angeles and wondering if the city is right for you or not, this guide contains all you need to know to make the right decision.

Let’s find out if moving to Los Angeles is right for you.

QuickFacts

Quick facts to know before moving to Los Angeles

Learn some facts about Phoenix, AZ before moving to the city to help you decide if it's the right place for you.

  • Los Angeles average one-way commute time takes 30.9 minutes
  • Los Angeles averages 284 sunny days per year
  • Over the last 10 years, L.A. home values have risen by 114.2%
  • Los Angeles jobs have grown by 0.7% over the past year
  • California property tax is 0.73% average effective rate
  • Los Angeles average annual pay for average jobs is $68,118 a year
  • Los Angeles property crime rate is lower than the U.S. average

Is moving to LA a good idea?

Moving to Los Angeles is a good idea. Los Angeles is one of the best places to reside in California. The city is home to a population of about 4 million people. People from all over the country and the world are flocking to Los Angeles, which is known for its cultural diversity, in the hopes of realizing its goals.

What salary do you need to live in Los Angeles?

In Los Angeles, a yearly income of $68,118 was approximately right for the average person to live comfortably. Since you’re considering moving to Los Angeles, you’ll have to keep that in mind.

How hard is it to move to Los Angeles?

If you're mulling over how to move to Los Angeles, you'll be relieved to learn that it's rather simple. Housing options are many, activities abound, and finding a job can be reasonably simple. Residents of Los Angeles, the world's tenth most expensive city, frequently spend more than half of their monthly salary on rent alone.

How can I move to Los Angeles without a job?

Thinking about moving to Los Angeles without a job? You can, but you'll need to have enough money to rent a home that doesn't demand proof of income, Airbnb in a hostel (you can get one for 17-20 a night in Korea town), live in your car, or find a nonprofit program that will provide you with housing while you look for work.

Is Los Angeles a good place to live 2023?

Los Angeles is a good place to live. According to a new rating released this week by U.S. News & World Report, the City of Angeles is the 126th best place to live in the United States. The ranking for 2021-22 ranks the 150 most populous metropolitan regions in the United States based on affordability, job prospects, and desirability.

What’s the population of Los Angeles?

Los Angeles population is 3,985,516 people making it the largest city in California and the second largest in America. Spreading across over 503 miles, Los Angeles is the County Seat of Los Angeles County.

  • Los Angeles is currently growing at a rate of 0.05% annually
  • Los Angeles population has increased by 5.09% since the most recent census
  • Los Angeles has a population density of 8,499 people per square mile
  • Los Angeles median age is 35.6 years
  • The median age is 34.7 years for males, and 36.5 years for females

How fast can you commute in Los Angeles?

Los Angeles average one-way commute time takes 30.9 minutes. The U.S. average take 26.4 minutes. Since you’re considering moving to LA, you’re most likely wondering how the city’s residents commute to work. Here’s a quick breakdown to get a head start:

  • Up to 68.9% of Los Angeles residents drive their own car alone
  • Around 9.0% of Los Angeles residents carpool with others
  • About 5.9% of Los Angeles residents work from home
  • Around 9.8% of Los Angeles residents take mass transit

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What’s the weather like in Los Angeles?

Los Angeles averages 284 sunny days per year. The U.S. average is 205 sunny days. If the weather is one of the key things you’d like to consider before moving to Los Angeles, you’ll be glad to know that the city has a sunny weather

  • Los Angeles averages 16 inches of rain a year. The U.S. average is 38 inches
  • Los Angeles averages 0 inches of snow per year. The U.S. average is 28 inches
  • Los Angeles gets 34 days of precipitation per year
  • Los Angeles summer high in July is around 84 degrees
  • Los Angeles winter low is around 46 degrees
move to Arizona

Top 10 reasons to move to Los Angeles

There are many reasons why moving to Los Angeles can be a great idea. Every year, thousands of people move to this magnificent city for many reasons.

We’ve collated 10 key reasons why the city is so appealing and why people are moving to Los Angeles:

  • Los Angeles is home to Hollywood
  • L.A. is a tech hub
  • There is a wide array of architectural styles in Los Angeles
  • Los Angeles pretty much have spectacular weather year-round
  • Los Angeles beautiful outdoors is breathtaking
  • Los Angeles is home to several pristine beaches
  • Los Angeles is one of the most diverse cities in the U.S.
  • Los Angeles has a great weather
  • Los Angeles is home to top-quality colleges and universities
  • Los Angeles is a great city for sports fan
pros and cons of Phoenix

Pros & Cons of moving to Los Angeles

How can you tell if moving to Los Angeles is right for you or not?

One of the easiest ways is to consider the pros and cons of moving to LA. So, we’ve collated the key pros and cons of moving to Los Angeles, to give you an idea of what to expect.

Pros of living in Los Angeles
  • World-class shopping is available in Los Angeles every day
  • You will find numerous outdoor activities to enjoy in Los Angeles
  • There are plenty of professional sports to enjoy in the city
  • Los Angeles has great weather
  • There are numerous job opportunities to consider when living in LA
  • You have plenty of coastline to explore when living in Los Angeles
  • Los Angeles offers a lifestyle that is relaxed if you allow it to be
  • The diversity in the population of Los Angeles makes it a unique place to live
  • The food scene in Los Angeles is incredible
  • Housing units have numerous features for you to enjoy without added costs
Cons of living in Los Angeles
  • Transportation is a nightmare in Los Angeles
  • It is challenging to become a homeowner in the Los Angeles area
  • You will find an array of attitudes waiting for you in Los Angeles
  • There is always the threat of an earthquake to think about in the city
  • The cost of moving to Los Angeles is significant
  • Crime is something that you will want to consider before moving to LA
  • Parking in Los Angeles can be beyond ridiculous at times
  • You will face some stiff competition for the jobs that you want
  • The neighborhoods in Los Angeles are spread far apart

Best places to live in Los Angeles CA

Rank City Population Median Income
1 Hermosa Beach, CA 19,539 $136,702
2 Redondo Beach, CA 67,423 $113,499
3 Manhattan Beach, CA 35,500 $153,023
4 Palos Verdes Estates, CA 13,434 $194,543
5 San Marino, CA 13,194 $166,607
6 Rancho Palos Verdes, CA 42,030 $138,557
7 South Pasadena, CA 25,661 $104,308
8 Rolling Hills Estates, CA 8,169 $150,135
9 La Palma, CA 15,604 $107,724
10 Malibu, CA 12,620 $150,747

Cost of living if you’re moving to Los Angeles

The cost of living in Los Angeles is 173.3. The national average is 100. That means the average cost of living in Los Angeles is higher than the U.S. average.

Since you’re considering moving to Los Angeles, the following are the key things that add up to the city’s cost of living:

Living Expense Los Angeles California National Average
Overall 148 140 100
Services 115 111 100
Grocery 116 118 100
Health 112 113 100
Housing 228 196 100
Utilities 106 118 100
Transportation 134 128 100

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How is the job market in Los Angeles

Los Angeles is one of America’s international trade center and manufacturing center.

Also, Los Angeles is home to more than 244,000 businesses. Up to 22 Fortune 500 companies are headquartered in Los Angeles. Even more, the city is home to more minority and women-owned businesses more than any other place in the country.

  • Mesa’s unemployment rate is 6.1%. The national average is 6.0%
  • Job growth in Mesa has been positive so far
  • Over the past year, the city’s number of jobs has risen by 3.3%
  • Mesa’s future job growth is expected to hit 47.05%
  • Los Angeles unemployment rate is 10.6%. The U.S. average is 6.0%
  • That Job Growth in Los Angeles has been Positive
  • Los Angeles jobs have grown by 0.7% over the past year

The following table shows the key metrics in Los Angeles job market:

Employment Information Los Angeles, California United States
The income per Cap $31,563 $31,177
Household Income $54,501 $57,652
Unemployment Rate 10.6 6.0%
Recent Job Growth -12.21% -6.18%
Future Job Growth 34.64% 33.51%

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Top career options in Los Angeles

You’ll find lots of high-paying jobs if you’re moving to Los Angeles, CA. Making a list of the highest-paying jobs in the city is tricky. However, we’ve made a list of the ten highest-paying jobs in the city to give you an idea of what to expect if you’re moving to Los Angeles:

Rank Job Title Average Salary Entry Level Salary # OF PEOPLE
1 Psychiatrists $252,080 $127,320 1,610
2 Chief Executives $242,230 $109,340 9,830
3 Physicians, All Other; and Ophthalmologists, Except Pediatric $232,250 $69,540 9,230
4 Obstetricians and Gynecologists $219,570 $147,050 470
5 Airline Pilots, Copilots, and Flight Engineers $218,970 $99,060 5,590
6 General Internal Medicine Physicians $203,940 $119,440 1,870
7 Astronomers $201,920 $79,830 130
8 Nurse Midwives $191,440 $153,720 260
9 Surgeons, Except Ophthalmologists $185,580 $96,000 2,380
10 Computer and Information Systems Managers $184,170 $103,120 22,790

What’s the median salary in Los Angeles?

How much will you most likely be earning if you’re moving to Los Angeles? One of the most effective ways to find out is to review what the city’s residents are earning on average. Let’s take a look:

  • Los Angeles average annual pay for average jobs is $68,118 a year
  • Los Angeles average hourly pay for average job is $32.75 an hour
  • Los Angeles average weekly pay for average job is $1,310 per week
  • Los Angeles average monthly pay for average job is $5,677 per month
  • Majority of salaries within the Average jobs range between $52,410 to $78,351

Major industries in Los Angeles

Los Angeles is home to some of the largest and leading industries in the United States. Moving to Los Angeles can make you stand a better chance of being a part of these various leading industries. From Hollywood to construction, bioscience and more. The following is a list of Los Angeles’ major industries:

  • Ocean economy
  • Advanced transportation
  • Information technology
  • Entertainment and digital media
  • Food manufacturing
  • Trade and logistics
  • Marketing, design, and publishing
  • Aerospace and defense
  • Film and television
  • Tech
  • Construction
  • Bioscience
  • Fashion, apparel and lifestyle
  • Hospitality and tourism

Los Angeles housing market

Median Home Prices in Phoenix, AZ

Buying a home while moving to Los Angeles can be a great idea. The city houses some of the most beautiful homes in some of the most beautiful neighborhoods across the country. Since you’re considering moving to Los Angeles, here’s a quick breakdown of the city’s housing market:

  • Los Angeles median home cost is $883,400
  • Over the last 10 years, LA home values have risen by 114.2%
  • Home appreciation in LA is currently up by 16.7%
  • Around 58.5% of LA residents are renters
  • About 2.3% of homes and apartments in Los Angeles are open to rent

Los Angeles average home rent

There are more renters in Los Angeles than homeowners. If you’re interested in renting while moving to Los Angeles, the following are the city’s average rent:

  • The average rent of a studio apartment in Los Angeles is $1,370
  • The average rent of a 1-bedroom home or apartment in Los Angeles is $1,587
  • The average rent of a 2-bedroom home or apartment in Los Angeles is $2,023
  • The average rent of a 3-bedroom home or apartment in Los Angeles is $2,665
  • The average rent of a 4-bedroom home or apartment in Los Angeles is $2,903

California taxes

Taxes in California are rated among the highest in the United States.

Depending on where you’re moving from, moving to California will most likely mean paying more amount of money in taxes. Here’s a quick breakdown of California’s major taxes:

  • California Income tax is 1% - 13.3%
  • California sales tax: 7.25% - 10.75%
  • California property tax is 0.73% average effective rate
  • Gas tax is 51.10 cents per gallon of regular gasoline
  • Gas tax is 38.90 cents per gallon of diesel

Best things to do in Los Angeles

The number of things you can do to have fun in LA is almost endless.

Los Angeles is one of the most vibrant cities in America. Famous for being a tourist spot, moving to LA means you can enjoy all sorts of outdoor activities. The city’s great weather all year round makes it an amazing place for various activities.

  • Gaze into infinity at the Broad
  • Have a street food feast at Smorgasburg LA
  • Ride the tram up to the Getty Center
  • Practice your acceptance speech at the Academy Museum
  • Immerse yourself in Pipilotti Rist’s world at MOCA
  • Stroll through the stunning gardens at the Huntington Library
  • See L.A. from above at Griffith Park
  • Pedal around Echo Park Lake
  • Take your pup to the only off-leash beach, Rosie's Dog Beach
  • Have tacos and egg sandwiches from Grand Central Mar
  • Pose in front of streetlights at LACMA
  • Bike the Strand

How safe is Los Angeles?

Safety is always one of the big things to consider before making up your mind about moving to Los Angeles. We’ve collated key stats about the city’s crime rates to give you an idea of what to expect:

  • Residents have a 1 in 236.6 chance of being the victim of a violent crime in LA each year
  • Residents have a 1 in 42.0 chance of being the victim of a property crime in LA each year
  • Los Angeles violent crime rate 29.1. The U.S. average is 22.7
  • Los Angeles property crime rate is 29.1. The U.S. average is 35.4

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Statistic Count Raw Los Angeles/ 100k People California/ 100k People National/ 100k People
Total Crimes Per 100K 125,10 3,115.5 2,772.4 2,476.7
Murder 258 6.4 4.3 5.0
Robbery 9,652 240.4 132.4 81.6
Aggravated Assault 17,216 428.7 267.1 250.2
Violent Crime 29,400 732.2 441.2 366.7
Burglary 13,809 343.9 386.1 340.5
Larceny 66,253 1,649.9 1,586.3 1,549.5
Car Theft 15,642 389.5 358.8 219.9
Property Crime 95,704 2,383.3 2,331.2 2,109.9

Best schools & universities in Los Angeles

Los Angeles is home to some of the best universities and colleges in United States.

The city is also home to some of the best elementary, middle, and high schools. If you’re interested in top-quality education, moving to Los Angeles is a great idea.

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