Question: how much money do i need to live comfortably in los angeles?
Answer: Using the 50-30-20 rule for personal budgeting (50 percent of income toward necessary costs like housing and food, 30 percent for "discretionary spending" like entertainment and going out, 20 percent for savings), an Angeleno needs to make $74,371 a year to live "comfortably" in Los Angeles, a study by finance site ...