Is La cheap to live?

Is La cheap to live?

Los Angeles is not that expensive. Like most major cities, the majority of your money in Los Angeles will be spent on housing. … Thus your goal for living cheaply in LA is to live in an area that is walkable, with easy access to public transportation, that will get you to work in less than an hour commute.

What areas of LA are dangerous?

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.