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Feb 10, 2022 · Unsurprisingly, the “City Of Angels” is a wonderful spot for retirees looking for excitement, outdoor recreation, and plenty of sun. Here’s a comprehensive breakdown of what to expect if you’re considering moving to LA. Retiring in LA: Pros and Cons. The traffic in LA is infamous. PROS. Lots to do: There’s never a dull moment in LA.
I will say LA is kind of a weird/harder place to visit as everything is spread out, super diverse, varied, and can certainly be very different than many towns in the UK. So maybe pick a few neighborhoods or areas to check out after some research if you are serious.
- There’s always something to do. When you live in Los Angeles you’ll quickly learn that it’s hard to justify staying home because there’s ALWAYS something going on.
- Los Angeles is a city for artists (and dreamers) If you’re moving to Los Angeles, you’re moving to a city full of artists, dreamers and doers which contributes to the endless world-class entertainment opportunities at your fingertips every day of the week!
- There’s plenty of outdoor recreational opportunities. Living in Los Angeles means you’re surrounded by beautiful beaches, breathtaking mountains and expansive deserts in every direction.
- The food scene is incredible. You probably won’t be surprised to learn that Los Angeles is consistently ranked as one of the best food cities in America.
- The pros of living in Los Angeles. There are tons of compelling opportunities. Wages are high. The weather is incredible. There are tons of unique neighborhoods to explore.
- The cons of living in Los Angeles. The LA job market is really competitive. The cost of living is high. It rarely rains. The city is sprawling. LA traffic is…rough.
- Pro: There are lots of compelling opportunities. LA County may be known as the center of show business, but the economic layout of the city is nearly as diverse as its residents.
- Con: The LA job market is really competitive. Any big city has a competitive streak, but in the Los Angeles area, you’ll be competing in one of the largest markets in the world.
- Mission Hills. Average property price: $537,500. Average rent for a 1-bedroom apartment: $1,650. With only around 20,000 residents, Mission Hills can offer expats a small but diverse neighbourhood on the edge of the city.
- Panorama City. Average property price: $478,400. Average rent for a 1-bedroom apartment: $1,550. Despite being one of the largest neighbourhoods in LA, with an estimated population of almost 73,000 residents, Panorama City can offer expats some of the most affordable properties in Los Angeles.
- Hollywood Hills. Home to some of LA’s most popular parks, Hollywood Hills is perfect for anyone wanting a green oasis to hide in after time in the city centre.
- Beverly Hills. Another one of LA’s neighbourhoods that’s plastered with parks, trees, and hiking trails. If you’re looking for a peaceful pocket of greenery after a long day, Beverly Hills has some quaint areas on offer, including the Will Rogers Memorial Park and the Beverly Garden Park.
COST OF LIVING FOR RETIREES: 50.4% above the national average. MEDIAN HOME VALUE: $961,892. MEDIAN RENT: $2,995. TAX RATING FOR RETIREES: Not Tax Friendly. A warm year-round climate and access to everything you could possibly need put San Diego at the top of the list of best places to retire in California.
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May 18, 2022 · Los Angeles, known for sun, surf, and celebrities, attracts people from all walks of life and from every age group–many of them retirees. If you’re considering retirement in Los Angeles, here’s a detailed overview of what active adults can expect when living in the “City of Angels.”
