Moving from New York to Los Angeles will save you approximately $242,350 on median home prices (26.5% less). Monthly rent is $1,010 cheaper in Los Angeles. Median income is 3.4% higher in Los Angeles, helping offset housing costs.
Understanding how rental prices have changed over time helps predict future affordability and make informed decisions about your move.
A comprehensive breakdown of annual living expenses helps you budget effectively for your new life in Los Angeles.
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Los Angeles is 26.5% cheaper for housing than New York. The median home price in Los Angeles is $673,316 compared to $915,666 in New York, a savings of $242,350.
Monthly rent in Los Angeles averages $2,805, while New York averages $3,815. That's a savings of $1,010 per month, or $12,118 annually.
The median household income in Los Angeles is $82,922, which is 3.4% higher than New York's median of $80,175.
New York has a violent crime rate of 308 per 100k residents, while Los Angeles has 481 per 100k. New York is statistically safer.
Estates is a comprehensive cost of living comparison platform covering over 3,900 US cities. We help you compare housing prices, rent, income levels, crime rates, demographics, and climate data to make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
