Los Angeles is known for its high cost of living, particularly in terms of housing and dining. Rent prices are significantly higher in the city centre compared to the outskirts.
Transportation costs are relatively moderate, with public transport and fuel prices being manageable. However, owning a car can add to expenses due to high gasoline prices.
Grocery prices vary, with some items like milk and bread being more affordable, while others like cheese and chicken fillets are on the higher side.