Cost of Living in West Hollywood, CA | ZeroDown (2022)

Are you planning a move to West Hollywood, CA and wondering if it is an expensive place to live in? We’ll break down the cost of living in West Hollywood by answering the following key questions - what is expected cost of living West Hollywood, what is the median income in West Hollywood, what is a good livable salary in West Hollywood, and what are the average rent and home prices in West Hollywood.

Is West Hollywood expensive to live in?

West Hollywood is part of Los Angeles-Long Beach-Glendale Metro Div. metro area, which is ranked 12 out of 273 cities across the US in terms of cost of living. According to C2ER (the Council for Community and Economic Research), the cost of living in West Hollywood is estimated to be 146.6% of the national average making it one of the more expensive cities in the US.

Total monthly expenditure you can expect to incur depends on the cost of housing, food, utilities, transportation, healthcare, other miscellaneous goods and services. Note that your household composition (single or married, number of kids) and home ownership status (renting vs. owning) might affect your monthly expenses.

West Hollywood, CA is ranked

12/273 cities in the US

estimated to be 146.6% of the national average making it one of the more expensive cities in the US

See our West Hollywood City Guide

How do West Hollywood prices compare to other US cities?

West Hollywood is ranked 12 out of 273 cities across the US in terms of cost of living. The cost of living in West Hollywood is 146.6% of the national average.

CategoryWest HollywoodU.S. Average
Hamburger$5.47
(+17.28%)
$4.52
Chicken (2 pcs)$4.46
(+7.09%)
$4.14
Large Pizza$11.99
(+11.27%)
$10.64
Milk (1/2 gal)$2.12
(+4.42%)
$2.03
Bread$3.35
(-0.45%)
$3.37
Doctor Visit$125
(+7.37%)
$115.79
Dentist Visit$111.75
(+11.01%)
$99.45
Rent$2,717.6
(+56.93%)
$1,170.47
Mortgage$2,741.09
(+56.36%)
$1,196.14
Gas$3.16
(+32.80%)
$2.12
Energy Bill$185.88
(+10.82%)
$165.76

Cost of Living compared to national average

47% higher

Housing prices compared to national average

130% higher

Houses for Sale in West Hollywood

Cost of Living Calculator for West Hollywood

Get an estimate of income required to live comfortably in West Hollywood. Our cost of living calculator will give you an estimate of your expected expenditures on food, utilities, transportation, housing, healthcare, and more. Simply pick your marital status and family type from the drop-down. The calculator will give you a breakdown of your monthly spends on food, utilities, transportation, housing, healthcare, and other miscellaneous items to help you determine your cost of living in West Hollywood. Try it now.

Marital Status

Married

Family Type

Married with Children

Your required pre-tax income

$0

Your required post-tax income

$0

CategoryExpenditure
Food$0
Utilities$0
Transportation$0
Healthcare$0
Housing (Rent / Mortgage)$0
Other Housing$0
Miscllaneous$0
Total Annual Expenditure$0

What is a livable salary in West Hollywood?

The median household income in a city certainly helps gauge the cost of living. The median household income in West Hollywood is $74,044, which is 1% less than that of the state. The median income for an individual is $55,703, which is 51% more than that of the state.

The minimum salary you need to live in West Hollywood is the sum of your daily expenses (groceries, utilities, transportation, entertainment), your monthly housing-related costs (rent, mortgage, insurance, maintenance), any debt expenses (monthly interest payments and principal paydowns), as well as your savings and investment goals.

A good rule of thumb for housing affordability is the 28% rule: your monthly rent or the sum of your monthly mortgage, property taxes, and insurance should not exceed 28% of your gross income (income before tax).

Understanding the expected costs in West Hollywood can help you determine whether a given salary is a livable salary. For instance, if you know the typical housing costs in West Hollywood, you can use widely followed simple rules to determine if you can afford it on your salary. A good rule of thumb for housing affordability is the 28% rule: your monthly rent or the sum of your monthly mortgage, property taxes, and insurance should not exceed 28% of your gross income (income before tax). Another good rule of thumb is the 50-30-20 rule which says 50% of the net income (income after tax) should be spent on needs, 30% on wants, and 20% on savings and investments. So plan to ensure that your net income covers your needs and wants, so that you can live comfortably in West Hollywood, CA.

Median Household Income

$74,044

Median Individual Income

$55,703

What is the average rent in West Hollywood?

Housing is generally the biggest monthly cost that you would need to account for. The average rent in West Hollywood (located in Los Angeles-Long Beach-Glendale Metro Div.) metro area for a 2-bed home is $2,717, which is 132% more than the average rent across the US. However, this average takes into account both metro and suburban areas. So, the costs may go up or down depending on which neighborhood you eventually decide to stay.

Rent compared to national average

132% more

What is the median home price in West Hollywood?

The median home price in West Hollywood is $1,550,000 with a median price per sqft of $1,350.

The cost of living index for housing estimates the cost of housing in West Hollywood to be 230.1% of the national average. This makes it one of the most expensive cities in the US.

What is a cost of living calculator?

A cost of living calculator helps you to assess how much you will need to make in order to live comfortably in a specific city. It takes into account various expenses that you will make in your daily lives (on housing, food, utilities, transportation, entertainment, etc.) and helps you determine a livable salary. The prices of goods and services vary in different cities, and hence having a cost of living index or calculator can make the decision to move easier by allowing you to directly compare one city with another.

About the cost of living data

  1. To calculate the cost of living, data has been taken from C2ER (Council for Community and Economic Research)
  2. The Cost of Living Index takes into account the data from 273 cities across the US
  3. The Cost of Living Index and hence, the ranking reflects cost differentials for professional households in the top income quintile

Explore all homes for sale in West Hollywood, CA

West Hollywood

West Hollywood

West Hollywood

© 2022 San Francisco Association of Realtors. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided.

Cost of Living in West Hollywood, CA | ZeroDown (1)

Property Information © 2022 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Listing Courtesy of: CRMLS_CA. Based on information from California Regional Multiple Listing Service, Inc
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing information is being provided by the BAREIS Inc., MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Latest Posts

Article information

Author: Margart Wisoky

Last Updated: 08/08/2022

Views: 6227

Rating: 4.8 / 5 (58 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Margart Wisoky

Birthday: 1993-05-13

Address: 2113 Abernathy Knoll, New Tamerafurt, CT 66893-2169

Phone: +25815234346805

Job: Central Developer

Hobby: Machining, Pottery, Rafting, Cosplaying, Jogging, Taekwondo, Scouting

Introduction: My name is Margart Wisoky, I am a gorgeous, shiny, successful, beautiful, adventurous, excited, pleasant person who loves writing and wants to share my knowledge and understanding with you.