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.
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.
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.
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.
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.
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.
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 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:
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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
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:
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 | Cons of living in Los Angeles |
---|---|
World-class shopping is available in Los Angeles every day | Transportation is a nightmare in Los Angeles |
You will find numerous outdoor activities to enjoy in Los Angeles | It is challenging to become a homeowner in the Los Angeles area |
There are plenty of professional sports to enjoy in the city | You will find an array of attitudes waiting for you in Los Angeles |
Los Angeles has a great weather | There is always the threat of an earthquake to think about in the city |
There are numerous job opportunities to consider when living in LA | The cost of moving to Los Angeles is significant |
You have plenty of coastline to explore when living in Los Angeles | Crime is something that you will want to consider before moving to LA |
Los Angeles offers a lifestyle that is relaxed if you allow it to be | Parking in Los Angeles can be beyond ridiculous at times |
The diversity in the population of Los Angeles makes it a unique place to live | You will face some stiff competition for the jobs that you want |
The food scene in Los Angeles is incredible | The neighborhoods in Los Angeles are spread far apart |
Housing units have numerous features for you to enjoy without added costs |
Los Angeles is one of the best places to live in America. Moving to Los Angeles opens up the opportunity to live in several beautiful neighborhoods. Since you’re considering moving to Los Angeles, the following is a list of the best places to live in the city:
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 |
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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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START MY QUOTEBuying 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:
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:
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.
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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START MY QUOTEYou’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 |
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 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:
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:
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.
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:
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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 |
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.
KIPP Raices Academy
Charter, K-4 | 574 students, Rating: 8/10
KIPP Iluminar Academy
Charter, K-4 | 568 students, Rating: 8/10
KIPP Los Angeles College Preparatory
Charter, 5-8 | 508 students, Rating: 8/10
Global Education Academy
Charter, K-5 | 243 students, Rating: 8/10
Community Magnet Charter Elementary
Charter, K-5 | 458 students, Rating: 8/10
KIPP Los Angeles College Preparatory
Charter, 5-8 | 508 students, Rating: 8/10
Los Angeles Center for Enriched Studies
Public, 6-12 | 1,670 students, Rating: 8/10
Renaissance Arts Academy
Charter, K-12 | 554 students, Rating: 8/10
New West Charter
Charter, 6-12 | 887 students, Rating: 8/10
ISANA Palmati Academy
Charter, K-8 | 408 students, Rating: 8/10
Francisco Bravo Medical Magnet High
Public, 9-12 | 1,861 students, Rating: 8/10
Downtown Business High
Public, 9-12 | 1,037 students, Rating: 8/10
L.A. County High School for the Arts
Public, 9-12 | 542 students, Rating: 8/10
Middle College High
Public, 9-12 | 404 students, Rating: 8/10
Orthopaedic Hospital
Public, 9-12 | 839 students, Rating: 8/10
California Institute of Technology
Students 1,014, WSJ/The College Ranking 12
University of Southern California
Students 20,336, WSJ/The College Ranking 17
University of California, Los Angeles
Students 30,815, WSJ/The College Ranking 28
Occidental College
Students 2,206, WSJ/The College Ranking 102
Loyola Marymount University
Students 6,588, WSJ/The College Ranking 109
Art Center College of Design
Students 2,407, WSJ/The College Ranking 133
Otis College of Art and Design
Students 1,086, WSJ/The College Ranking 206
Mount Saint Mary's University
Students 2,862, WSJ/The College Ranking 256
Whittier College
Students 1,744, WSJ/The College Ranking 306
California State University, Long Beach*
Students 32,516, WSJ/The College Ranking 501
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