| What is your HHI, how many kids, and where do you live? Trying to get a sense of the real COL. |
| **LIVE*** comfortably, not love. |
| Palisades $1m |
|
I don’t live comfortably by any means.
I make 120k per year. Single no kids. I rent and live in the valley. It sucks. Looking to move as soon as I can (job wise). I’ve lived in LA for 12 yrs |
| Varies, but $320k last couple of years. LA suburbs. I don’t live comfortably either. Watch every penny. 2 kids. |
| $400K, Beverly Hills, 2 kids, OK but we don't live extravagantly and our kids go to public school. |
| OP there is a huge scope of differences in living in LA. We sent our kids to a French school and my kid's best friend lived in a $14million house with her many siblings and oligarch father who piloted his own jet to Thailand for kicks. We lived in an apt that cost around $800k and I piloted an old toyota corolla. |
|
We are comfortable, but not swimming in cash.
Our HHI is $350K net. Two kids, one in private. We live in the suburbs (SF Valley). We bought a 1500sqft house for $1.1M. We take a "real" vacation every couple of years. I would consider us to be somewhat frugal. |
| HHI is 550K, but likely to go up since I will be changing jobs from gov't to private sector. Live in West LA in a 1.5M home. One child, too young for school but we will be sending to private school when he is old enough. |
Not sure why you can’t live comfortably on $120,000. It may be difficult to buy a single detached house in a nice area on that income though. |
| $280 and we live comfortably, own a 1600sf house in Glendale. One in preschool, one in public elementary. We vacation yearly and save for retirement/college and eat well. |
My rent is 2300 per month. Car payment 600 Insurance and health insurance Gas Utilities Phone Gym After taxes 120000 isn’t that much in LA. Especially living alone |
| Had an offer to move to la but a little crapbox was 2 million and the public schools are a mess, so that was a no go. Our hhi would have been 250 or so. |
you obviously didn't do your homework. you can get a 4 bed house in Calabasas for less than $1mil, with a pool. |
Of an HHI of $250, in less you have a good downpayment, $1mil is insane. |