Cost of Living: Los Angeles, CA vs Santa Monica, CA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $3,974/mo in Los Angeles, CA versus $3,974/mo in Santa Monica, CA. In the model, rent is about 25.99% of gross in Los Angeles, CA versus 34.06% in Santa Monica, CA, so Los Angeles, CA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Los Angeles, CA and Santa Monica, CA.
At a glance
- Cheaper overall (lower cost-of-living index): Santa Monica, CA
- Lower rent (median 1BR/2BR): Los Angeles, CA
- Lower home prices: Los Angeles, CA
- Higher median household income: Santa Monica, CA
Cost of Living Index
Los Angeles, CA: 148.6 (U.S. = 100) · Santa Monica, CA: 100 (U.S. = 100)
Santa Monica, CA has a lower cost-of-living index than Los Angeles, CA, so a given salary generally stretches further there.
Median Rent
Los Angeles, CA: $1,695/mo (midpoint of 1BR/2BR) · Santa Monica, CA: $2,221/mo
Median rent in Santa Monica, CA is $526/mo higher than in Los Angeles, CA.
Median Home Price
Los Angeles, CA: $657,700 · Santa Monica, CA: $1,810,200
Median home price in Santa Monica, CA is $1,152,500 higher than in Los Angeles, CA.
Median Household Income
Los Angeles, CA: $74,785 · Santa Monica, CA: $109,739
Santa Monica, CA has a higher median household income than Los Angeles, CA by $34,954.
Los Angeles, CA overview · Santa Monica, CA overview · Popular comparisons