More than 4 million people call Los Angeles home, making it the second most populated city in the U.S., surpassed only by New York City. L.A. is not only loved for its hospitality to the film and television industries, but residents also can’t get enough of the palm tree-lined streets and vibrant culture. But, with big cities come big expenses.
In fact, the cost of living in Los Angeles is 43% higher than the national average. You can expect to pay more for all cost of living expenses including housing, groceries, utilities, and transportation.
Located in the Antelope Valley region, Lancaster is one of the most affordable L.A. suburbs to live in. The city is about 60 miles from the downtown area, giving you plenty of separation from the city’s hustle and bustle without being too far away for a weekend trip.
Lancaster is home to more than 160,000 people, making it a good mid-sized city. You’ll find plenty of outdoor attractions in the area including the Tehachapi Mountains, San Gabriel, and many ski resorts.
The median home value is $159,200 and the average household brings in $50,193. You can rent a studio apartment for $820, a one bedroom for $1,090, and a two bedroom for $1,540. This is highly affordable compared to other L.A. cities. Cost of living expenses, including housing, healthcare, groceries, utilities, and transportation are well below the state’s average.
If you’re looking for a taste of big city life without the price tag, Cudahy is the suburb for you. Cudahy is located just 11 miles from downtown L.A. and is home to more than 24,000 residents. The median home value is just over $206,000 and the median household income is around $38,267.
Renters will pay a little more in this area compared to other suburbs on the list. Average rental costs are:
- Studio – $1,180
- 1 bedroom – $1,560
- 2 bedrooms – $2,210
While the cost of living may be a little higher, in Cudahy you’ll save money on groceries, healthcare, and utilities.
Though one of the smallest suburbs, the close proximity to L.A. makes La Puente a great choice for inexpensive living. Located just 20 miles east of downtown, La Puente is the perfect location for commuters, with Route 60 located nearby.
The neighborhood is home to La Puente Park, which offers 22 acres of green space, including playgrounds, picnic areas, athletic fields, and much more. You can also spend time outdoors hiking Puente Hills.
The average home value is $284,800 and most residents make around $53,794 a year. If you’re looking to rent in the area, expect to pay about $1,010 for a studio, $1,340 for a one bedroom, and $1,890 for a two bedroom. Not only are housing costs less expensive, but you’ll also find that healthcare, groceries, and utilities are well below the average costs in the state.
Carson is located just 20 miles from Los Angeles and 13 miles from the airport. This suburb is another great option for commuters. What’s great about Carson is that it’s home to all sorts of amenities that you won’t find anywhere else. Not only does it have its own transportation system, but the suburb is also home to StubHub Center and the L.A. Galaxy soccer team.
Amenities and awesome public transportation aside, Carson also offers a much more affordable cost of living. Home prices are higher than normal, averaging at more than $500,000, but renting is much more affordable. Studios go for $1,140 a month while a one bedroom costs around $1,510 and a 2 bedroom apartment goes for $2,140.
Even though these 4 suburbs have a much lower cost of living when compared to other cities in LA, it never hurts to know of other ways to make your money go even further. For example, you can save money each month by using public transportation instead of a car. You can also compare packages from the best internet providers in Los Angeles on digitalexits.com to get the best deal possible.
Other ways to reduce your cost of living include:
- Making your home energy efficient
- Eating at home more often
- Enjoying free entertainment
- Using coupons and rewards programs
By choosing a suburb with a lower cost of living, and taking steps to reduce your expenses, you can get the most out of your money.
L.A. may be known for its high cost of living, but that doesn’t mean there aren’t hidden jewels that offer much more affordable prices. Keep these 4 suburbs in mind if you want to enjoy city life without going bankrupt.
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