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What is a livable salary in Los Angeles?

What is a livable salary in Los Angeles?

Living Wage Calculation for Los Angeles County, California

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 2 Children
Living Wage $19.35 $28.04
Poverty Wage $6.13 $6.30
Minimum Wage $12.00 $12.00

How much do you need to make an hour to live in LA?

You need to earn at least $33 an hour — $68,640 a year — to be able to afford the average apartment in Los Angeles County, according to Matt Schwartz, president and chief executive of the California Housing Partnership, which advocates for affordable housing.

Why is LA so expensive?

The biggest factor that makes living in LA so expensive is the high housing cost. With a median purchase price of $650,000, homeownership is out of reach for many Angelenos (more on that below). Low vacancy and high demand mean that average rent in Los Angeles is high compared to the rest of the country.

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Is Texas better to live in than California?

From an overall perspective, the average cost of living in Texas is 54\% less than California. If you’re moving with your kids, you could also save over 60\% in child expenses. There’s an 18\% difference in favor of Texas. Your budget for entertainment is likewise 14\% lower if you’re living in, say, Austin, Texas.

How do I survive financially in Los Angeles?

There are very few places in the U.S. as financially impactful as Los Angeles….ways to survive life in LA without breaking your budget.

  1. Double Check Your Grocery Store.
  2. Stop Paying for Parking.
  3. Shop Flea Markets.
  4. Forget the Gym.
  5. Go for Free Stuff.
  6. Eat Tacos from Trucks.
  7. Skip the Satellite or Cable.
  8. Utilize Your Shopping Smarts.

Is New York or LA more expensive?

Conclusion: Overall, LA Wins That’s a different story than calling LA “cheaper” than New York. They’re both expensive cities with a higher cost of living than most other places in the US, but what you can get for your money on the West Coast is simply more than the East Coast alternative.

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Is LA or NYC bigger?

The City of Los Angeles is approximately 472 square miles in size, with a population of 3,694,820. The City of New York is 304 square miles in size, and has a population of 8,008,278. More than half of the land area of New York City exhibits a population density greater than 15,000.

Do unincorporated areas of Los Angeles pay minimum wage?

Employees in the unincorporated areas of L.A. County must be paid the increased minimum wage, with few exceptions. If you pay workers to do work in unincorporated Los Angeles County, here are some important details about the new minimum wage.

When does the minimum wage increase in Los Angeles County?

The minimum wage for workers in the unincorporated areas of Los Angeles County will increase yearly starting July 1, 2016. All employers in the unincorporated areas of L.A. County must post the required workplace poster and pay the increased minimum wage, with few exceptions.

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Do employers have to post minimum wage posters in Los Angeles?

All employers in the unincorporated areas of L.A. County must post the required workplace poster and pay the increased minimum wage, with few exceptions. The Los Angeles County Department of Consumer and Business Affairs enforces the new minimum wage in unincorporated L.A. County.

Are there any labor laws in Los Angeles?

Keep in mind that California and the Federal Fair Labor Standards Act both define various minimum wage exemptions and other labor laws that may apply to employees in Los Angeles . You can find more information about California’s minimum wage and labor laws on this site.