We are excited about our new designation as a Federal Rural Renewal Community that allows the City to revitalize our neighborhoods and businesses using Federal tax incentives. Parlier's booming economy is experiencing a renaissance of development and diversification.
Los Angeles Cost of Living: California (CA) The cost of living in Los Angeles, California (CA) is lower than the average cost of living in the state of California but higher than the nationwide city average. The average annual pay in Los Angeles is $54,960.00, which is $2,151.00 lower than the salary average in California but higher than the U.S. average yearly wages by $5,152.00.
Summary for Los Angeles. The median sales price for homes in Los Angeles CA for Jul 15 to Oct 15 was $640,000. This represents an increase of 0.2%, or $1,000, compared to the prior quarter and an increase of 11.3% compared to the prior year.Sales prices have appreciated 80.8% over the last 5 years in Los Angeles.verage price per square foot for Los Angeles CA was $517, an increase of 12.9% compared to the same period last year. Popular neighborhoods in Los Angeles include Hollywood Hills, Bel Air, Brentwood, West Los Angeles, Greater Wilshire / Hancock Park, and Los Feliz.