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LA ranks fourth most expensive city in the world to live in
Los Angeles tied with Hong Kong as the fourth most expensive city to live in in the world, according to a new survey from the Economist Intelligence Unit. New York and Singapore tied for first.
LOS ANGELES - If you're looking to call a new place in the Los Angeles area home, we've got you covered.
Niche recently released its 2023 list of Best Places to Live in America - which revealed Irvine as the 7th best place to live in the country, up from No. 10 last year.
Focusing on the LA area, below are the top 5, according to Niche:
- Downtown LA
- Mid-City
- Wilshire/Montana
- Ocean Park
- Sunset Park
On the national level, Chesterbrook, Pa., a neighborhood in the Philadelphia area, kept its title as the No. 1 Best Place to Live in America for the fourth year in a row.
SUGGESTED:
- California has this many 'million-dollar' cities compared to rest of US
- Study shows what $100K is actually worth in the largest U.S. cities
- California home prices in these cities dropping the most
Niche creates the annual Best Places to Live rankings by using data from sources such as the U.S. Census, FBI, Bureau of Labor Statistics and CDC combined with millions of resident reviews. The company considers factors such as affordability, the local housing market, neighborhood diversity, area public schools, walkability and more.
To see the full study, tap or click here.