Moving from New York to Los Angeles

Comprehensive cost of living comparison to help you make an informed decision

Lower Housing CostRent: -26.5%Income: +3.4%

Great news for your budget!

Moving to Los Angeles will save you $242,350 on median home prices (26.5% less).

Side-by-Side Comparison

📍
Origin

New York, NY

🏠Median Home Price$915,666
🏢Monthly Rent$3,815
💰Median Income$80,175
👥Population8,550,405
🎯
Destination

Los Angeles, CA

🏠Median Home Price
$673,316-26.5%
🏢Monthly Rent
$2,805-26.5%
💰Median Income
$82,922+3.4%
👥Population
3,971,896-53.5%

Comprehensive Data Comparison

📈

Rent History & Trends

New York
2015$2,706
2020$2,571
2025$3,815
+41% (10yr)
Los Angeles
2015$1,914
2020$2,259
2025$2,805
+47% (10yr)
🏠

Home Prices

Los Angeles
$673,316
New York
$915,666
26.5% cheaper
💰

Income & Jobs

Los Angeles Income
$82,922/yr
Avg Salary
$70,842/yr
Unemployment Rate
6.9%
👥

Demographics

Population3,971,896
Median Age35.0 yrs
Foreign Born37.4%
Household Size2.86
🛡️

Safety

Violent Crime
481 per 100k
Property Crime
2165 per 100k
Lower rates = safer areas
💳

Annual Cost of Living Breakdown

Los Angeles
🏠 Housing$14,527
🍔 Food$6,850
🚗 Transport$14,083
🏥 Healthcare$11,373
👶 Childcare$12,000
Total$63,195
New York
🏠 Housing$10,874
🍔 Food$6,205
🚗 Transport$12,385
🏥 Healthcare$11,162
👶 Childcare$12,000
Total$54,803

Key Insights

🏠

Housing

Homes are 26.5% cheaper in Los Angeles

🏢

Rent

Save $1,010/month in Los Angeles

💰

Income

Median income is 3.4% higher

Planning Your Move?

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Frequently Asked Questions

Is Los Angeles more affordable than New York?
Yes, Los Angeles is 26.5% cheaper for housing compared to New York.
What is the median home price in Los Angeles?
The median home price in Los Angeles, CA is $673,316.
How much is rent in Los Angeles compared to New York?
Monthly rent in Los Angeles averages $2,805, which is -26.5% compared to New York's $3,815.
What are the income differences between New York and Los Angeles?
Los Angeles has a median household income of $82,922, while New York's median is $80,175.

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About Moving from New York to Los Angeles

Relocating from New York, NY to Los Angeles, CA is a significant decision that requires careful financial planning. This cost of living comparison shows that Los Angeles offers more affordable housing options compared to New York.

The median home price in Los Angeles is $673,316, which is $242,350 less thanNew York's median of $915,666. Monthly rent averages $2,805 in Los Angeles.

When considering income levels, Los Angeles has a median household income of $82,922, higher than New York's $80,175.

Cost of Living: New York, NY vs Los Angeles, CA – Housing, Rent & Income | CityCompare