Asked By: David Bennett Date: created: May 05 2022

Can you live in LA on 40000 a year

Answered By: Gordon Watson Date: created: May 05 2022

As others have said, you can live in LA on 40k a year.

Plenty of people do.

It will definitely help if you move to the right area and get some friendly roommates..

Asked By: William Brooks Date: created: Mar 19 2021

How much money do you need to make to live comfortably in LA

Answered By: Ralph Sanchez Date: created: Mar 21 2021

You’ll need a staggering six-figure income to live comfortably in Los Angeles: at least $136,207 if you’re paying rent or $150,391 if you own a house. The salary needed to live comfortably in Los Angeles has risen by more than $25,000 in the past year, due to rising annual costs of transportation and utilities.

Asked By: Robert Ramirez Date: created: Apr 15 2021

Is La cheaper than NYC

Answered By: Aaron Evans Date: created: Apr 17 2021

Los Angeles is cheaper than New York, both in terms of housing and overall cost of living. New York, especially Manhattan, consistently ranks as the most expensive city in the US, whereas LA, is usually #10 or higher, behind Boston, Washington DC, Seattle, and Honolulu, depending on the list. So, it’s not even close.

Asked By: Colin Bryant Date: created: Jun 13 2021

What is middle class in LA

Answered By: Chase Watson Date: created: Jun 14 2021

An annual income of between two and seven times the California Poverty Measure is considered middle class, Ms. Bohn said. Therefore, she estimates a middle class income in Los Angeles County for a family of four that rents a home to be between $65,030 and $227,605.

Asked By: Gavin Gray Date: created: Oct 02 2021

Is 110k a good salary in Los Angeles

Answered By: Howard Bailey Date: created: Oct 05 2021

110k$ will get you a very decent life in Los Angeles. You can’t be extravagant with your lifestyle as almost 15-20% of your income will be exhausted in renting an apartment & associated costs (unless it is funded by your company!).

Asked By: Seth Johnson Date: created: Dec 08 2021

Is 100000 a lot in California

Answered By: Oscar Brooks Date: created: Dec 09 2021

But a new report shows that a yearly $100,000 income goes a lot further in some cities than others. … Eight of the cities are in California, and it likely comes as no shock to those who live in the Golden State that $100,000 doesn’t go too far.

Asked By: Brian Flores Date: created: Aug 24 2021

What is the wealthiest city in Orange County

Answered By: Graham Miller Date: created: Aug 26 2021

Often identified as the richest city in the U.S. by the Census Bureau, Yorba Linda is a suburban town with a thriving job market….On the top of the list is Woodbridge, Orchard Hills and Northwood.San Clemente. … Aliso Viejo. … Seal Beach. … Mission Viejo. … Lake Forest.Jan 14, 2020

Asked By: Isaiah Howard Date: created: Sep 18 2021

What is 100k salary in California

Answered By: Hayden Richardson Date: created: Sep 18 2021

If you make $100,000 a year living in the region of California, USA, you will be taxed $30,460. That means that your net pay will be $69,540 per year, or $5,795 per month. Your average tax rate is 30.5% and your marginal tax rate is 43.1%.

Asked By: Raymond King Date: created: Nov 11 2021

What is a good salary in Los Angeles

Answered By: Jake Phillips Date: created: Nov 11 2021

The website Gobankingrates.com jumped in and did the math for us in their piece, “How Much Money You Need to Live Comfortably in the 50 Biggest Cities”. They calculated an annual income of $74,371 was about right for the average person to live comfortably in Los Angeles.

Asked By: Curtis Flores Date: created: Mar 12 2022

Is 100 000 a good salary in California

Answered By: David Harris Date: created: Mar 12 2022

Yes. You can live comfortably on $100,000 almost anywhere in California. The only place where it would be a concern is in the city of San Francisco and in Silicon Valley. You might not live in the very best neighborhoods of Los Angeles County, but you can live somewhere perfectly lovely.

Asked By: Gilbert Long Date: created: Jun 15 2021

Is $100000 a good salary in LA

Answered By: Andrew Gonzalez Date: created: Jun 16 2021

So many people in L.A. are house poor. Then you take into account a couple of cars, the higher insurance rates, etc. $100,000 is still a great salary.

Asked By: Gregory White Date: created: May 13 2022

Can you live in LA on minimum wage

Answered By: Luke Richardson Date: created: May 13 2022

The minimum wage in Los Angeles is nearly unlivable, if not impossible to live upon. This breaks down the cost of living in Los Angeles versus the minimum wage.

Asked By: Henry Gonzalez Date: created: May 13 2021

What is considered wealthy in California

Answered By: Martin Anderson Date: created: May 15 2021

A Bay Area citizen now needs an average net worth of $3.8 million this year to be considered “wealthy,” compared to $4.5 million in 2020. The net worth it takes to be “financially happy” also came down in 2021, with an average of $1.8 million as opposed to $2.1 million in 2020.

Asked By: Fred Clark Date: created: Jun 29 2021

What is a decent salary in California

Answered By: Harry Evans Date: created: Jul 02 2021

A person working in California typically earns around 112,000 USD per year. Salaries range from 28,200 USD (lowest average) to 498,000 USD (highest average, actual maximum salary is higher). This is the average yearly salary including housing, transport, and other benefits.

Asked By: Andrew Butler Date: created: May 17 2022

How much is 120k after taxes in California

Answered By: Cody Carter Date: created: May 19 2022

If you make $120,000 a year living in the region of California, USA, you will be taxed $39,076. That means that your net pay will be $80,924 per year, or $6,744 per month. Your average tax rate is 32.6% and your marginal tax rate is 42.9%.

Asked By: Brandon Brooks Date: created: Feb 04 2022

How much money do you need to move to LA

Answered By: Nathaniel Howard Date: created: Feb 07 2022

To summarize, if you’re moving to Los Angeles, here are your benchmark savings goals: If you see yourself as conservative with money, or you’re risk-averse, minimum savings: $10,000. If you’ve traveled before and are used to living out of your comfort zone, minimum savings: $5,000.

Asked By: Alan Cook Date: created: Feb 12 2021

Is 120k enough in California

Answered By: Neil Morgan Date: created: Feb 13 2021

Is 120k a good salary in California? Yes, if you don’t want to buy a house. And better in Northern CA, than in Los Angeles or San Diego.

Asked By: Stanley Perez Date: created: Jun 23 2021

Where is the cheapest rent in California

Answered By: Samuel Ross Date: created: Jun 26 2021

7 cheapest places to live in California (that are actually cool)Eureka.Oxnard.Redlands.Chico.Temecula.Clovis.Vacaville.Aug 23, 2020

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