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This question is about Los Angeles, CA.
What is a good salary in Los Angeles, CA?
A good salary in Los Angeles, CA is anything over $47,000. That's because the median income in Los Angeles is $47,000, which means if you earn more than that you're earning more than 50% of the people living in Los Angeles. The average salary in Los Angeles is $57,417.
A good hourly wage in Los Angeles is $22.6 per hour. That works out to a good weekly wage of $903 per week and a good monthly wage of $3,916 per month. However, using the median income is only one way to calculate a good salary in Los Angeles.
Another way to calculate a good salary in Los Angeles is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $636,900, a good salary in Los Angeles would be $127,380.
Lastly, we can determine a good salary in Los Angeles by looking at the cost of living and comparing it to the US average salary. The cost of living in Los Angeles is 50% higher than than the national average. The national average salary is $56,310, so a good salary in Los Angeles is anything over $84,465 by this measure.
Average Annual Salary in Los Angeles, CA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $20,000 | $1,666 | $384 | $9.62 |
| 25th | $30,000 | $2,500 | $576 | $14.42 |
| Median | $47,000 | $3,916 | $903 | $22.6 |
| 75th | $72,000 | $6,000 | $1,384 | $34.62 |
| 90th | $105,000 | $8,750 | $2,019 | $50.48 |
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